India’s Monetary Lab – Gold Savings Accounts, Central Bank Crypto, Silver and Cash Demonetization

India Grapples with Gold, silver and cash in the digital age.

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Smaulgld Livestream – September 2, 2018

Last night’s live stream discussed India’s many monetary initiatives.

Watch the video companion to “India’s Monetary Lab – Gold Savings Accounts, Central Bank Crypto, Silver and Cash Demonetization”

Watch on Bitchute

Resources
The National Institution for Transforming India (NITI Aayog) formed on January 1, 2015.

Indian economy grew 8.2%
Population 1.32b

Gold

Gold Monetization scheme

Gold savings account

Indian gold imports

lower gold tariff? GST (NITI)
NITI Aayog suggests slashing import duty, GST rate on gold

Currently 10% (tariff) and 3% (GST) AND In April 2016, the Indian government imposed an additional 15% duty on gold and silver for Indians returning home after one year abroad.

Digital gold pay tm

Domestic gold mine? and battle with China re Himalyan gold mine

Indian central Bank adds 8 tons of gold

A RBI cryptocurrency?

Indian silver imports – 125 ounces first six months!

Solar in india

Largest solar park 5,900 acres
Kurnool Ultra Mega Solar Park, Andhra Pradesh

Largest power plant
Kamuthi Solar Power Project, Tamil Nadu. Kamuthi

Cash! rupee demonetize
In November 2016, India announced demonitized the two most used notes the ₹500 and ₹1000.

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