Govt to consider raising Rs 15,000 cr through gold bond scheme

Government is looking at raising Rs 15,000 crore in the current fiscal through the gold bond scheme, for which a cabinet note is likely to be moved for consideration later in the month.The interest rate for the scheme, which was announced by Finance Minister Arun Jaitley in his budget speech, would be close to the rates on government securities, a senior official told. - Read more