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Modi Government's Rs 1.2 Lakh Crore Sovereign Gold Bond Debt Problem | Explained
Автор: Mint
Загружено: 2025-04-04
Просмотров: 20484
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The Indian government will have to pay the Sovereign Gold Bond investors a whooping ₹12,06,92,00,00,000 ( ₹1.2 lakh crore) if it were to redeem all outstanding gold bonds, given the gold rate of ₹9,284 per gram as of April 1. And this amount does not include the interest payout on the gold bonds.
The government, in a written reply to the Parliament, has said that “the outstanding value as on March 20, 2025 on issue price is ₹67,322 crore for 130 tonnes of gold.”
#sovereigngoldbondscheme #sovereigngoldbonds #modigovernment #goldbonds #sgb
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