This is a 1954 Republic India 1/2 Rupee coin (half rupee or aadha rupya).
The coin is made of copper-nickel.
The obverse side (shown in the image) features the Ashoka lion capital emblem.
The reverse side (not shown) typically has "GOVERNMENT OF INDIA" in English.
These coins circulated between 1950 and 1956.
Depending on its condition and specific mint mark, it is a collectible item.
