Diabytes
India gold scheme News
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Shirdi Sai Baba temple is the one of the richest shrines in the country, owns about 380 kg of gold in total.
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The scheme, launched by Prime Minister Narendra Modi on November 5, has received so far a lukewarm response.
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The launch of gold schemes will deploy India's unutilised gold reserves effectively.
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The Gold Monetisation Scheme (GMS) will replace the existing Gold Deposit Scheme, 1999.
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Prime Minister Narendra Modi on Thursday launched the first ever 'India gold coin' bearing Ashok Chakra in a move to cash in on the festive season of Diwali and Dhanteras which is an auspicious ocassion for Indians to invest in the yellow metal.
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