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HomeNewsFinanceDid India Plan to Monetise Temple Gold? Finance Ministry Clarifies

Did India Plan to Monetise Temple Gold? Finance Ministry Clarifies

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Did India Plan to Monetise Temple Gold? Finance Ministry Clarifies

The rumours appear to have drawn likely on two existing but unrelated government schemes. Sovereign Gold Bonds — government securities denominated in grams of gold and issued by the Reserve Bank of India on behalf of the government — were first introduced in November 2015. The scheme was discontinued in 2024, having proved costly to the exchequer, though bonds already…

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