World Gold Council Market Update: India's Budget - policy and progress Donnerstag, 15. Februar 2018 - 09:09
Market Update: India's Budget - policy and progress
As part of the recent Union Budget announcement, Arun Jaitley, India's Finance Minister, explicitly highlighted the government's desire to formulate a comprehensive policy to develop gold as an asset class, create gold exchanges, and revamp the Gold Monetisation Scheme.
The Budget also included policies designed to boost rural incomes. Better gold policies combined with rising incomes could bode well for India's gold industry.
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