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Gold trade bodies call for flexibility in monetisation scheme – ET Retail

adminJanuary 11, 202504 mins

Indians have an estimated 22,000 tonnes of gold lying in their households, equivalent to what the country would have imported in 26 years to make jewellery, bars and coins. To unleash this idle gold and help reduce imports, gold trade bodies have written to the government, urging to make the Gold Monetisation Scheme (GMS) lucrative…

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