Friday, February 17, 2012

Bonds to tap household gold hoard

....A high-level committee on financing infrastructure (HLCFI), headed by former deputy governor of RBI Rakesh Mohan, has made this recommendation. The proposal to float gold bonds scheme is being vetted by finance minister’s budget ‘A’ team led by finance secretary RS Gujaral and economic affairs secretary R Gopalan.The centre proposes to allow infrastructure finance companies and special purpose vehicles (SPVs) to issue these gold bonds.......

Read.............

No comments: