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PM to launch 4 gold schemes on November 5

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  4 Nov 2015 12:00 AM GMT

NEW DELHI, Nov 3: Prime Minister rendra Modi will launch four gold related schemes on Thursday, an official statement said. Modi will launch the Gold Monetisation Scheme, Gold Sovereign Bond Scheme, Gold Coin Scheme and Gold Bullion Scheme, a fince ministry statement said. According to the statement, the gold monetisation scheme will replace the existing Gold Deposit Scheme, 1999 while the existing deposits will be allowed to run till maturity or premature withdrawal by depositors. IANS

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