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India has got a $5 trillion sleeping giant: Can govt wake it up?
India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As pressure on the rupee and trade deficit mounts, the government is considering reviving the Gold Monetisation Scheme by involving jewellers to unlock idle gold and turn dormant household wealth into productive economic capital.
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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
