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    <title>Government Launches Three Gold Schemes; India Surpasses China as the World’s Largest Gold Consumer</title>
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    <description>The Government launched the Gold Monetization Scheme, Sovereign Gold Bond Scheme and Indian Gold Coin to mobilize household and institutional gold, reduce reliance on gold imports, and put domestic gold into productive use; the Gold Monetization Scheme does not provide tax amnesty but offers tax exemptions comparable to the earlier Gold Deposit Scheme, and formal guidelines are issued by RBI and by Government Gazette notifications.</description>
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