Three new Gold Schemes Launched By Union Government: As a part of Union Budget 2015-16, Union Government  launched three gold related scheme viz Gold Monetization Scheme (GMS), Sovereign Gold Bond Scheme (SGBS) and Indian Gold Coins (IGC). These ambitious schemes were launched to reduce the physical demand for gold and fish out 20,000 tonnes of the precious metal lying idle with households and institutions. Gold Monetisation Scheme (GMS) 2015 GMS 2015Read More