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VERIFIEDET Finance·neutral
MMTC PAMP calls for better Gold Monetisation Scheme
AI Summary
- ·MMTC PAMP advocates for an improved Gold Monetisation Scheme to boost gold recycling in India.
- ·The scheme aims to unlock significant household gold stocks and utilize underused refining capacity.
- ·Increased domestic recycling can reduce reliance on gold imports and ease pressure on the current-account deficit.