
Gold monetisation scheme: Government discontinues parts of gold deposit scheme – check details – The Times of India
India has decided to discontinue parts of its gold monetisation scheme, which had encouraged households and institutions to deposit idle gold in exchange for interest payments. The scheme, which was introduced in 2015, offered the option of gold deposits for 1-to-3 years, 5-to-7 years, and 12-to-15 years.The finance ministry announced late on Tuesday that the…