Agencies
New Delhi, Nov 4: The country's gold imports could come down by 250 tonnes a year if the government re-launches a gold deposit scheme and mobilises at least one per cent of estimated 25,000 tonnes of idle gold stock lying with Indians, according to the gold and silver refiner MMTC Pamp. The current gold deposit scheme, launched in 1999, is beyond the reach of most households as it mandates a minimum deposit of 500 grams. Only temples and trusts are taking advantage of this scheme and not the general householders. |
