Context: 

• Recently the Union Ministry of Finance has decided to release a Rs 75 commemorative coin on the occasion of 75th anniversary of the hoisting of Tricolour for the first time by Netaji Subhash Chandra Bose at Port Blair.

Hoisting of Tricolour:

• During his visit to Andaman in on December 30, 1943, Subhash Chandra Bose hoisted the Tricolor for the first time at Cellular Jail of Port Blair, much before India attained Independence declaring the island as the free territory from the British rule.
• On the same occasion, he announced the freedom of Andaman & Nicobar Islands, the first Indian Territory, from the British rule. The island at that time was liberated from British rule by Japan which captured it during the World War – II.
• Bose named Andaman Island as Shaheed and Nicobar Island as Swaraj and appointed INA General AD Loganathan as the governor of the Islands. Azad Hind Government was not merely a Government in Exile anymore but had its own land, own currency, civil code and stamps.

Source:TH