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Arjun Kumar
Connect:
Gold Monetisation Scheme: An unfinished agenda
India’s gold demand is met mainly by import which is about 800-1,000 metric tonne (mt) annually and it contributes about 7% of the total import bill. As a result of such high level of import backed by strong gold demand due to religious, social and economic factors, it has resulted into the accumulation of more than 20,000 mt of gold in the economy, which lies idle with the consumers and institutions like temples.
08 March 2020, 21:33 IST
Gold Monetisation Scheme: An unfinished agenda
08 March 2020, 21:33 IST
