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Jewellers may be louped in for idle gold mobilisation
The government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount of household gold. This initiative seeks to reduce India's reliance on imported bullion, especially with gold prices and import duties impacting jewellery demand. Discussions involving ministers, the RBI, banks, and industry representatives are underway, with an announcement anticipated before the festive season.
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economictimes.indiatimes.com
Gold sitting idle at home? Here's how it could earn you an income and what to watch out for - The Economic Times
Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by lending your gold, similar to earning…
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Jewellers may be louped in for idle gold mobilisation
The government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount of household gold. This initiative…
