As per RBI data, Indians mortgaged their gold jewellery to borrow more than Rs 1 lakh crore in 2023-24, nearly five times more than they did in 2018-19.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
He is not a political economist, only a Congress politician to put up such an absurd, baseless and facts twisting argument…. It is only common sense to know that majority of Indians have entered the formal economy thanks to the financial inclusion plan under Jan Dhan Yojana and UPI, which explain the increase in gold loans under formal channels and correspondingly decreased under pawn broking.
Reckless and biased article. The bitterness oozed by the author is clearly visible. The publication seems to promote yellow journalism by promoting such inflammatory viewpoint. We also heard PM speech, there is nothing what this author tries to insist upon.
How you are publishing these type of articles in your Paper. How this author can say modi taken the gold which is mortgaged in bank for peoples requirements. He should not see the value of mortgaged gold because gold values increased recent years abnormally, Gold import also have the impact of COVID19.
Mr. Chakravarti forgot that when you use gold as a lien, you still own it. Rahul Gandhi instead by way of X-ray wants to know about your assets and redistribute it
Yesterday’s article is a skewed opinion on the fact. people are pledging gold , taking loan, doing business as the amount of loan is high due to increase in gold prices.
Please check the demand for Gold in the March qtr when the rates have risen
Please check the delinquency in gold loans.
You seem to be a very intelligent man but what is the use of intelligence when it us not for the greater good of your Community and focused only on your personal targets and believe me you will not be able to run from the consequences.
He is not a political economist, only a Congress politician to put up such an absurd, baseless and facts twisting argument…. It is only common sense to know that majority of Indians have entered the formal economy thanks to the financial inclusion plan under Jan Dhan Yojana and UPI, which explain the increase in gold loans under formal channels and correspondingly decreased under pawn broking.
Dear Print,
This article stands in contradiction to your proclamation of unbiased journalism.
This author is an ultra left communist .
His language is vitriolic to say the least.
Utterly disappointing.
Vin
Reckless and biased article. The bitterness oozed by the author is clearly visible. The publication seems to promote yellow journalism by promoting such inflammatory viewpoint. We also heard PM speech, there is nothing what this author tries to insist upon.
Dear Print,
How you are publishing these type of articles in your Paper. How this author can say modi taken the gold which is mortgaged in bank for peoples requirements. He should not see the value of mortgaged gold because gold values increased recent years abnormally, Gold import also have the impact of COVID19.
Mr. Chakravarti forgot that when you use gold as a lien, you still own it. Rahul Gandhi instead by way of X-ray wants to know about your assets and redistribute it
Yesterday’s article is a skewed opinion on the fact. people are pledging gold , taking loan, doing business as the amount of loan is high due to increase in gold prices.
Please check the demand for Gold in the March qtr when the rates have risen
Please check the delinquency in gold loans.
You seem to be a very intelligent man but what is the use of intelligence when it us not for the greater good of your Community and focused only on your personal targets and believe me you will not be able to run from the consequences.