Tue, Sep 08, 2015, 04:30 PM
Prime Minister Narendra Modi is planning to monitize gold. The gold deposits in the lockers are of no use. Moreover one has to pay rent for the lockers. But if it ismonetized, at least government will benefit. This way the government can earn money or gold as interest. Nearly 20 tonnes of gold are deposited that is worth Rs. 60 lakh crores.