Getting gold monetisation going
However, due to the limited number of collection and purity testing centres, especially in rural India, and the unwillingness of housewives to get their jewellery melted, dampened the appeal of GMS. The BJP-led NDA regimes under the leadership of both Atal Bihari Vajpayee and Narendra Modi have sought to bring the huge amount of gold—estimated at 24,000-25,000 tonnes, with households and…
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