2021 February 15

Government revamps gold monetisation scheme to unlock tonnes of unused gold in India

Monetisation Scheme The government on 9th February 2021 launched a revamped Gold Monetisation Scheme that seeks to unlock an estimated 25,000 tonnes of idle gold lying at Indian households, involving jewellers, and making all state-run banks participate in it. Following are the key highlights: All Public Sector Banks shall be

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