General Budget 20018-19 : Policy to develop gold as an asset class: Jaitley

Sarkaritel
By Sarkaritel February 1, 2018 14:38

General Budget 20018-19 : Policy to develop gold as an asset class: Jaitley


New Delhi, Feb 1 Finance Minister Arun Jaitley on Thursday said the government would formulate a comprehensive Gold Policy to develop the precious metal as an asset class.

The government had been planning to formulate a Gold Policy for long to set standard norms in the industry.

“The government will also establish a system of consumer friendly and trade efficient system of regulated gold exchanges in the country,” Jaitley said while announcing the Union Budget 2018-19.

Talking about government’s Gold Monetisation Scheme, he said it would be revamped to enable people to open a hassle-free Gold Deposit Account.

Sarkaritel
By Sarkaritel February 1, 2018 14:38