Gold Monetization Scheme

Shah says with global demand rising, exports to the US, Hong Kong and the United Arab Emirates have grown steadily. But at home, key sectors like gold and diamond are pinning their hopes on a major revival after the pandemic.

Are government gold monetisation schemes a hard sell?

The fourth tranche of Sovereign Gold Scheme numbers have started pouring in where BSE has collected 159 kilograms (KG) while NSE has seen higher interest at 341 KGs worth Rs 106 crore.

7 Things to know about the Gold Monetization Scheme

Gold monetization scheme aims to reduce gold imports in India. It pays the depositor of the gold a fixed rate of interest.

Budget 2016: Sustain path of fiscal farsightedness by monetizing assets

The Union Budget 2016 does have benefit of large savings on fuel subsidy due to lower oil prices.

Jewellers seek hike in PAN quote limit to Rs 5 lakh

Because of the PAN card requirement, local jewellery industry has lost business by 25-30 per cent in the last 15 days, he said, adding that if this continues, the industry will be affected badly.

Need gold coins deposit for new scheme to succeed: Muthoot

George Alexander Muthoot, MD, Muthoot Finance says the present scheme of the government is not about deposit of jewelry, it is about converting it to gold bars and not many people will be interested in it as the making charge stands at anywhere between 25 percent and 30 percent.