MMTC PAMP calls for better Gold Monetisation Scheme
- Posted on August 19, 2026
- By Business News Today
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- 1 min read
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MMTC PAMP calls for better Gold Monetisation Scheme
India needs to boost gold recycling to decrease reliance on imports. A more appealing gold monetization scheme could unlock significant household stocks. This initiative would also help utilize underused refining capacity across the nation. Increased recycling can lessen pressure on the current-account deficit by substituting imports. The country's next gold story should focus on efficient and responsible domestic monetization.
