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Thursday, January 28, 2021

How to make Indians part with gold

Indians love gold. Almost every household purchases gold on festive occasions, even if a small quantity. Over the last few decades, household stock of gold has piled up significantly. To put this asset to productive use and help reduce India’s dependence on gold imports, government introduced the Gold Monetisation Scheme (GMS) in 2015.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3r5qAIP

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