An idea worth debating
At current prices, about 4,642 tonnes of gold can settle India’s entire external debt of ~$726 billion.
Estimates suggest that Indian households hold between 25,000 and 32,000 tonnes of gold — far more than what would be required for this purpose.
Imagine, even conceptually, if a fraction of this idle wealth were monetised to free the nation from external debt.
Imagine owning our productive assets fully, without external claims, interest outflows, or currency vulnerabilities.
Gold has emotional, cultural, and financial value — no doubt.
But productive assets create growth, jobs, innovation, and long-term national strength.
This is not a call to action, but a call to thoughtful discussion:
Should dormant wealth remain locked, or
Should part of it be channelled into building a stronger, self-reliant economy?
Food for thought.

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