ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Gold Deposit Scheme : A Drop in the Ocean

A Drop in the Ocean A correspondent writes:
HOW is it that everybody is worried, quite rightly, about the scale of gold imports into the country, particularly since 1991, and still not asking the right question, about the advisability of allowing virtually unrestricted import of gold on private account? The union finance minister has proposed in his latest budget a scheme to mop up gold held in private coffers and hopes that through the scheme it would be possible for him to gather a sufficient quantity of gold to reduce

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