Centre moves to unlock the gold hoard | Business Line

Centre moves to unlock the gold hoard | Business Line

My VIEW:

Great! Feeling happy, though the initiatives are coming a bit late. Idea of exploiting the benefits for Indian Economy from domestic gold stock was mooted from RBI during the late 1980's and early 1990's when Dr Y V Reddy and SS Tarapore had worked on setting up a Gold Bank which did not find favour with the then authorities. My own article "Gold Management  Needs a Makeover" was published in this paper on April 12/13, 2012.

M G Warrier, Thiruvananthapuram

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