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Gold monetisation scheme News

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IGPC Chairperson Prof. Arvind Sahay spoke to Reema Sharma of Zee Media regarding few pressing issues on the Gold Monetisation Scheme on the sidelines of the conference.
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In 2015, the government launched the GMS to mobilise the gold held by households and institutions in the country.
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In 2015, the government launched the GMS with the objective of mobilising the gold held by households and institutions in the country.
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Various gold investment and savings schemes such as the Gold Monetisation Scheme floated by Central government has met with little success due to lack of awareness among the masses, according to a recent study.
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Gold imports plunged by 38.54 percent to USD 1.2 billion in June while inbound shipments of silver fell by more than a quarter in the month.
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Maintaining that the relationship between taxmen and assessees is undergoing a change, Finance Minister Arun Jaitley said yesterday that the aim of the Income Declaration Scheme-2016 is to send a firm message to the people to clean up their books.
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Government Thursday said it has netted 3.1 tonnes of idle household and temple gold under the monetisation scheme since its launch in November 2015.
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Government on Monday said that trading of the Sovereign Gold Bond (SGB) will begin by month-end and the fourth tranche of the scheme will be launched thereafter.
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Coming forth and supporting government's gold monetisation scheme, eight temples of the country have donated gold deposits under the scheme, the most coming from Tamil Nadu. 
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The government has so far collected 2.8 tonnes of gold under the Gold Monetisation Scheme (GMS), which has been in force for a little over six months, Parliament was informed on Tuesday.
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Tirupati temple managing body mulls moving 7.5 tonne gold under monetisation scheme
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Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
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Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
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The deposit of 1,311 kg of pure gold bars of 0.995 fineness was made with the Punjab National Bank on Monday, the Tirumala Tirupati Devasthanams (TTD) said in a statement.
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To make the Gold Monetisation Scheme more attractive, the government has allowed investors to redeem the deposits in gold also.
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To make the gold monetisation scheme more attractive, the government has allowed investors to redeem the deposits in gold also
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The Sri Venkateswara Swamy Temple, popularly known as the Tirupati, has requested repayment of their deposits of longer than three years under the Gold Monetisation Scheme in the metal rather than cash.
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In comparison to the second tranche, the third tranche of sovereign gold bond (SGB) scheme has received a very silent response
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Gold edged up on Friday with the market on track to end the week on a firmer note as the dollar hovered near its lowest in five months, pressured by the Federal Reserve`s plan to make fewer-than-expected interest rate hikes






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