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Government had launched the Gold Monetization Scheme on 5th November, 2015. To create the awareness amongst the public, Government launched media campaign on FM Radio, Print Media, Mobile SMS and social media. Based on the feedback received from the stakeholders of the schemes and the reviews held, at the regular intervals necessary changes have been implemented in the scheme. The details of the scheme are available at hppts://www.rbi.org.in.
So far 2820 kilograms of gold have been mobilized under the scheme.
This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha.
Gold Monetization Scheme mobilizes idle gold with awareness campaigns and iterative revisions to boost public participation. The Gold Monetization Scheme mobilizes idle gold into the formal financial system, supported by a public awareness campaign across radio, print, SMS and social media, and has been amended periodically in response to stakeholder feedback; scheme details are published on the central bank's website and the government reported aggregate mobilization figures in a parliamentary reply.Press 'Enter' after typing page number.