India Gold Policy Centre to conduct survey to find ways to incentivise idle household goldThe outcome will help both the Centre and the gold trade to work out a framework to popularise the Gold Monetisation Scheme (GMS), which ha...
GJC seeks immediate rollback of import duty on goldThe import Duty of 12.5% and GST of 3% has made gold jewellery costlier thereby negatively impacting consumer sentiment leading to postpone...
Government's gold schemes fail to attract people: IGPC IIM-A studyNearly half of the respondents said they have taken gold loan for productive purposes, such as for business, education and house repairs.
Gold monetisation policy has no lustre, needs changes: IIM-AIn India, it is estimated that there is 25,000 tonnes of gold, of which only around 800 tonnes is with RBI and the rest is privately held.
IIM-Ahmedabad study calls for gold spot exchangeThe India Gold Policy Centre (IGPC) at the IIM-A here today called for setting up of a gold spot exchange for efficient price discovery and...
IIM-A's IGPC to present whitepaper on Gold Monetisation schemeRecently, a workshop has been organised in Mumbai as an endeavour to come up with suggestions to be included in the whitepaper, Varma added.