India has got a $5 trillion sleeping giant: Can govt wake it up?
- Posted on July 3, 2026
- By Business News Today
- 1 Views
- 1 min read
India has got a $5 trillion sleeping giant: Can govt wake it up?
India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As pressure on the rupee and trade deficit mounts, the government is considering reviving the Gold Monetisation Scheme by involving jewellers to unlock idle gold and turn dormant household wealth into productive economic capital.
