MMTC PAMP calls for better Gold Monetisation Scheme
India needs to boost gold recycling to decrease reliance on imports.
A more appealing gold monetization scheme could unlock significant household stocks.
This initiative would also help utilize underused refining capacity across the nation.
Increased recycling can lessen pressure on the current-account deficit by substituting imports.
The country's next gold story should focus on efficient and responsible domestic monetization.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
