gold monetisation scheme

Gold monetisation scheme: Banks to get 2.5% commission

The Finance Ministry today said government will pay banks a 2.5 percent commission for mobilising gold under the gold monetisation scheme and

Jan 24, 2016, 16:35 PM IST

Modi govt mobilises 900 kgs of gold under monetisation scheme

The Gold Monetisation Scheme, which had not picked up initially, was fine-tuned to make it more attractive and convenient to encourage entities holding idle gold to participate in the scheme.

 

Jan 23, 2016, 19:10 PM IST

Gold monetisation scheme: RBI allows pre-mature withdrawal

In an effort to make the Gold Monetisation Scheme more customer-friendly, the RBI Thursday said depositors will be able to withdraw medium-term (5-7 year) and long-term government deposits (12-15 years) pre-maturely after the minimum lock-in period, though with a penalty.

Jan 21, 2016, 22:54 PM IST

Soon, monetise your gold with certified jewellers

Zee Media bureau

New Delhi: If you wish to profit from government's Gold Monetisation Scheme, your neighbourhood jeweller would be able to guide you soon.

Jan 06, 2016, 00:35 AM IST

Gold-rich temples weigh monetisation, but 'melting' a dampener

Officials at a number of rich and famous temples across the country said they may not be able to immediately participate in the scheme, while a few others said the scheme was worth exploring but a final decision was yet to be taken.

 

Dec 20, 2015, 15:54 PM IST

Key schemes launched by Narendra Modi in 2015

Prime Minister Narendra Modi launched MUDRA Bank (Micro Units Development Refinance Agency) in April to boost funding of small businesses which are the catalysts of employment in the country.

Dec 16, 2015, 00:17 AM IST

Shirdi temple wants to deposit 200 Kg gold in PM Modi's Gold monetisation scheme

Shirdi Sai Baba temple is the one of the richest shrines in the country, owns about 380 kg of gold in total.

Dec 14, 2015, 14:47 PM IST

Why Shirdi Sai Baba Temple wants to deposit 200 kg gold with government - Read

If reports are to be believed the Shirdi Sai Baba temple is willing to contribute 200 kg of its gold to the Central government's Gold Monetisation Scheme. 

Dec 13, 2015, 12:45 PM IST

Siddhivinayak temple set to give Modi government's gold scheme a boost

Mumbai`s two-century-old Shree Siddhivinayak temple, devoted to the Hindu elephant-headed god Ganesha, is considering depositing some of its 160 kilogrammes (kg) of gold with banks, according to a spokesman.

Dec 09, 2015, 19:51 PM IST

Mumbai's Siddhivinayak temple promises to deposit 40 kg gold in Modi's monetisation scheme

Mumbai's two-century-old Shree Siddhivinayak temple, which is devoted to the Hindu elephant-headed god Ganesha, has decided to move 40 kg of its gold reserves towards the PM Narendra Modi's government Gold Monetisation Scheme (GMS).

Dec 09, 2015, 13:20 PM IST

Tirupati temple yet to decide on moving stash to gold scheme

The scheme, launched by Prime Minister Narendra Modi on November 5, has received so far a lukewarm response.

Dec 06, 2015, 19:08 PM IST

World's richest Hindu temple may move stash to PM Narendra Modi's gold scheme

World's richest Hindu temple may move stash to PM Narendra Modi's gold scheme

 

Dec 04, 2015, 19:58 PM IST

World's richest Hindu temple may move stash to Modi's gold scheme

The richest Hindu temple in the world could soon come to the rescue of Prime Minister Narendra Modi`s plan to recycle tonnes of idle gold and cut economy-hurting imports.

Dec 04, 2015, 19:32 PM IST

India targets temple gold hoard to rescue monetisation plan

The gold monetisation scheme has only attracted about one kilogramme in a month, prompting the government to nudge temples through banks to hand over their treasures, the sources said, but at least one temple said it was still unconvinced by the plan.

 

Dec 03, 2015, 21:04 PM IST

Gold imports in Apr-Sept at 528 tonnes

India imported over 528 tonnes of gold, worth Rs 1.12 lakh crore, between April-September this year, Minister of State for Finance Jayant Sinha has said.

Dec 02, 2015, 20:27 PM IST

FinMin to meet banks on December 1 to make Gold scheme attractive

Out of the 20,000 tonnes of gold worth over Rs 52 lakh crore lying idle with households and institutions, the scheme has been able to garner only 400 gm of physical gold till November 18.

Nov 29, 2015, 10:30 AM IST

Govt gets Rs 246 crore from gold bonds, tweaks monetisation scheme

Government on Friday said Gold Bond scheme got overwhelming response from retail investors with 63,000 applications amounting to Rs 246 crore, while the gold monetisation scheme, which has so far witnessed a "slow response", has been tweaked.

Nov 27, 2015, 20:11 PM IST

RBI to fine tune gold monetisation scheme

Till November 18, the gold monetisation scheme had garnered 400 grams of physical gold.

 

Nov 27, 2015, 18:08 PM IST

Tirupati Balaji Temple to be biggest depositor of PM Modi's Gold Monetisation Scheme?

The Tirumala Tirupati Deveasthanams (TTD) board has reportedly said that it will consider deployment of temple gold in the GMS once the investment panel gives its nod.

Nov 26, 2015, 11:19 AM IST

Gold monetisation scheme: Modi govt initiative gets just 400 gm gold so far

A gold deposit scheme launched amid fanfare by Indian Prime Minister Narendra Modi two weeks ago has so far attracted only 400 grams, an industry official said on Thursday, out of a national hoard estimated at 20,000 tonnes.

Nov 19, 2015, 17:03 PM IST