Warrier's Friends' Collage, March 27, 2026 : Assets Management

This refers to the report "LS Approves Finance Bill, Tax Rules Eased" (March 26). Common man is not amused to hear that "this Finance Bill has so much more for the middle class" or "the focus is on easing compliance and cutting litigation". In addition to his own struggles made more strenuous by the side effects of war elsewhere, he feels helpless with no light seen at the end of the tunnel. Unusual situations need off the cuff experiments to find medium term solutions for new problems cropping up every day. The setting up of Price Stabilization Fund is really a comfort. But the need of the hour is diversification of sources of revenue. This will call for immediate mapping of available investible assets and ploughing them into pools which will be available for accessing in times of need. Let's not forget the experience of 1991, when RBI Executives physically carried gold for pledging to borrow small amounts of forex. Like keeping vacant houses tenantable, nation's assets including domestic gold stock should be mainstreamed and refined for making them available for productive deployment in times of need. M G Warrier Mumbai The theme of this response will be a repeat for those who are with me. I published my first article on Gold Management when I was 14 years younger. Please read "Gold management in India needs a makeover". See the link below 👇 After few years I wrote about Gold Bank which was published in moneylife.in (link below 👇) An updated version of the article was published in The Global Analyst. All these made me richer by a couple of thousands of INR. Know more : https://share.google/NRmobOk4v395SRqGN Gold bank https://share.google/10r94DbRaHZULy7AK https://share.google/aimode/tSGW9pSa3P6ut0UEU Was just trying to explain the context of my response in The ET today. Nice Day M G Warrier

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