Prime Minister of the country up to date with the latest plans to introduce a new scheme to be introduced. The interest rate is set for gold to gold. If you do not have to sleep in the homes of gold. Just be happy if the bank locker. However, even a single rupee gained by putting it otherwise, the locker has to be a bundle of money management.
Under this new scheme, banks, and if at least 30 grams of gold deposit, the interest rate will be additional gold or cash. However, under this scheme, a deposit of gold should be at least the period of time. There are also tax benefits to accrue interest. The idea that the economic interests of the country at nothing, including gold, gold imports with a view to applying the CAD solution to thwart the will of the scheme.
The draft plan, released June 2 by the Centre advises people to express their views on their own. The selection of cities 'Gold monetization' scheme will be implemented in the budget last year had announced Arun Jaitley. The value that a lot of sentiment in India, this scheme is to wait and see to what extent it will succeed.
Gold deposit in the same bank, and the interest in cash or in the form of gold becomes the "Gold monetization 'scheme. This is the Modi government has introduced a new scheme. The government has released a statement explaining about the scheme. ... People who were 100 grams of gold to 4 per cent if mortgaging, 104 grams will be available later in the year. At that time the price will not be associated with. What is the interest rate that the banks themselves will decide himself when to take deposits.