Govt amends List of Persons Who are eligible to make deposit under Gold Monetisation Scheme.

(Department of Economic Affairs)
New Delhi, the 9th October, 2018

F.No. 20/6/2015–FTVol.III.—The Central Government hereby amends the Gold Monetisation Scheme published in the Gazette of India, Part I, Section-1, dated 3rd February, 2016 vide notification of the Government of India in the Ministry of Finance, Department of Economic Affairs number 20/6/2015-FT(pt.7), namely:

1. (1) In the Gold Monetisation Scheme, in paragraph 4, for sub-paragraph (1), the following sub-paragraph shall be substituted, namely:

“4. Who are eligible to make deposit – (1) Resident Indians including Individuals, Hindu Undivided Families, Trusts including Mutual Funds or Exchange Traded Funds which are registered under the Securities and Exchange Board of India (Mutual Fund) Regulations, 1996, charitable institutions, Firms and Companies, Central Government, State Governments or any other entity owned by Central Government or State Governments, may make deposits under the scheme.”

(2) This amendment shall come into effect from the date of its publication in the Official Gazette.

K. RAJARAMAN, Addl. Secy.

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