Gold Monetisation Scheme

Dramatic decline in imports: Is gold no longer a safe parking space for black money?

Gold indeed has been the pain in the neck for the policymakers and the government, with gold imports being second only to crude oil imports

Gold Monetisation Scheme mobilises 2.8 tonnes so far

The government has so far collected 2.8 tonnes of gold under the Gold Monetisation Scheme (GMS), which has been in force for a little over six months, Parliament was informed today.

Govt tweaks gold monetisation scheme to woo temples, now allows repayments in gold

India imports about 1,000 tonnes of gold every year and the precious metal is the second highest component of the imports bill after crude oil

Gold Monetisation Scheme: Why are religious shrines, HNIs not in a hurry to part with the yellow metal?

The rich and High Net Worth Individuals are staying away fearing the taxman might come calling on the heavy deposits they have made under GMS

Monetisation scheme: Tirupati, Siddhivinayak temples seek gold as return, not cash

TTD last month deposited 1.3 tonnes of gold with state-run Punjab National Bank at a rate of 1.75 percent for three years

All out effort to save gold deposit scheme: Banks to get 2.5% commission; premature withdrawal allowed

Banks to get commission for unlocking household gold - RBI| Reuters

MUMBAI The government will pay banks a 2.5 percent commission to unlock the country's massive stash of gold under a new monetisation scheme, the RBI said, as the ambitious plan received a poor response from banks and customers. Prime Minister Narendra Modi launched the Gold Monetisation Scheme on Nov

Somnath Temple to invest idle gold in PM Modi's Gold Monetisation Scheme

The Somnath Temple Trust is all set to become Gujarat's first temple to deposit its idle gold in the Gold Monetisation Scheme as its trustees including Prime Minister Narendra Modi have given their nod to do so.

Now, Siddhivinayak temple set to give govt's gold scheme a boost

Out of the 10 devotees Reuters spoke to at the temple premises, only one was not in favour of the scheme.

Helping hand: Tirupati temple may move its entire gold stash to save PM Modi's monetisation scheme