Gold Monetisation Scheme for India

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Budget 2015–16

ERROL D'SOUZA

Vol. 50, Issue No. 12, 21 Mar, 2015

Gold Monetisation Scheme for India

Vol. 50, Issue No. 12, 21 Mar, 2015

Budget 2015–16

ERROL D'SOUZA

Currently India is the largest consumer and importer of gold in the world. Monetising the gold within the country is, therefore, important for macroeconomic stability, and requires a credible scheme for valuing, storing, and tracking the metal.

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