Policy NoteProposal for a Gold-Backed Liquidity Window (GBLW)Mobilizing Idle Household Gold for Productive Capital FormationTo:Hon’ble Finance Minister, Government of IndiaPrime Minister’s Office1. Executive SummaryIndia holds an estimated 25,000+ tonnes of privately owned gold, representing one of the largest idle stores of wealth globally. While gold functions as a cultural and financial hedge for households, it… Continue reading