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Government Launches Three Gold Schemes; India Surpasses China as the World’s Largest Gold Consumer

Dated:- 5-12-2015 - As per the (Gold Fields Minerals Survey) GFMS Gold Survey in the third quarter of 2015 Review and Outlook Report, published by Thompson Reuters, India has surpassed China as the world s largest gold consumer. According to the repo .....

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old in India. The Government has recently launched a Gold Monetization Scheme (GMS), Sovereign Gold Bond (SGB) Scheme and Indian Gold Coin under gold monetization programme to reduce reliance n gold imports by encouraging households to monetize their .....

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003/2015-16 dated October 22, 2015 which is available on RBI s website. The detailed guidelines of the Sovereign Gold Bond Scheme is available vide Government of India s Gazette Notification F.No. 4(19)-W&M/2014 dated October 30, 2015. The Indian .....

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