The scheme was launched by the government in 2015 with an intention to put the idle gold stored by individuals in their homes and bank lockers to productive use. However, the scheme did not find many takers -one of the main reasons being what happens to the gold you deposit with the bank.
from Commodities-Markets-Economic Times
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Saturday 28 August 2021
What happens to your gold jewellery in gold monetization scheme?
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