govt policy
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Policy Proposal: Mobilising Household Gold for Productive Capital Formation
Indian households collectively hold one of the largest stocks of private gold in the world. On an average basis, a family today may hold gold worth nearly ₹25 lakh, with higher middle-class households holding gold valued at ₹1 crore or more, and even lower middle-class families holding ₹35–40 lakh. This gold serves as a financial… Continue reading
