Government Explores Measures to Better Utilise Domestic Gold Holdings and Reduce Import Dependence
The Indian government is exploring measures to better utilise domestic gold holdings and reduce import dependence, as reported by NDTV Profit. The initiative is seen as relevant to the broader macroeconomic goal of managing the current account deficit. Gold financing companies Muthoot Finance and Manappuram Finance have been highlighted in connection with these potential policy developments.
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