sovereign gold bond
Prime Minister Narendra Modi had launched the scheme, along with two other gold related schemes; the gold monetisation scheme aimed at unlocking 20,000 tonnes, or $800 billion worth of gold lying idle in households and temples; and the national gold coin minted in India with the Ashok Chakra engraved on one side and Mahatma Gandhi on the other side.
Gold bonds gather less than 1 per cent of total spend in four years
10 Dec 2019 1:56 AM

After 33 tranches in four years, just about 28.6 tonnes of gold has been bought by investors through the SGB scheme.

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