Rising import bill: Govt weighs fresh options to free household gold
- Posted on April 28, 2026
- By Financial Express
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- 1 min read
India's government is exploring revised strategies to address rising import expenditures by reconsidering the household gold monetisation initiative. The scheme, which allows citizens to deposit idle gold reserves in exchange for financial returns, may be reintroduced with enhanced regulatory frameworks and improved terms. This approach aims to mobilize domestic precious metal reserves, reduce foreign currency outflows, and strengthen the nation's fiscal position while providing citizens with alternative investment opportunities.
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