Only 21 tonnes of gold have been mobilised in the last eight years under the gold monetisation scheme (GMS) which was announced by the Government of India in November 2015. Illustration: Uttam......
Banks and friendly neighbourhood jewellers can serve as good channels to provide liquidity for gold deposits with built-in incentives for them, suggests Harsh Roongta. Kindly note the image has......
Banks still lukewarm; changes needed in norms for jewellers and refinery margins, among others The government’s gold monetisation scheme hasn’t taken off, with banks yet to push......
The bullion trade body, the Indian Bullion and Jewellers Association has been called for the meeting; the All India Gems and Jewellery Foundation has not. The Union finance ministry has......
Proposes to set up 1,000 centres for promotion The Indian Bullion and Jewellers Association says it plans a big boost to the gold monetisation scheme announced by the Prime Minister before......