MMTC PAMP calls for better Gold Monetisation Scheme

India needs to boost gold recycling to decrease reliance on imports. A more appealing gold monetization scheme could unlock significant household stocks. This initiative would also help utilize underused refining capacity across the nation. Increased recycling can lessen pressure on the current-account deficit by substituting imports. The country's next gold story should focus on efficient and responsible domestic monetization.

Raccontata daeconomictimes.indiatimes.com