Govt discontinues Gold Monetization Scheme
Why in the News? The Centre has decided to discontinue the Gold Monetization Scheme (GMS) starting from March 26, 2025, considering evolving market conditions. The short-term deposits (1-3 years) will continue at the discretion of individual banks based on commercial viability, highlighting a shift towards flexible, shorter-term options. About Gold Monetization Scheme (GMS) and its… Continue reading Govt discontinues Gold Monetization Scheme