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GJC urges RBI to revamp gold monetisation with digital jeweller based scheme
Economy
Published on 29 April 2026
Jewelers and a digital gold platform could change payouts
The Gem and Jewellery Council has proposed a revamped Gold Monetisation Scheme to the RBI, working with the Finance Ministry as well. The plan would involve jewellers and a digital gold system to help individuals earn returns on their idle gold more easily, potentially streamlining participation and improving how monetisation works.
- GJC wants a new Gold Monetisation Scheme with RBI backing
- Proposal includes jewellers and a digital gold system
- Goal is simpler ways for people to earn returns on gold
- Finance Ministry is also expected to be involved
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times