Rajat Sharma

Government on Gold

There is no denying that almost every Indian family invests in gold but that gold is of hardly any value to the economy. As part of the new gold monetisation scheme, the government wants to encourage households to bring out their gold lying idle in lockers and safes and convert them into a government deposit scheme. This will not only make the gold secure, it would also help in utilising it more productively which in turn would help in the development of the country.

Comments are closed.