Sovereign Gold Bond (SGB): A Growing Concern for the Government
The rising gold prices are putting much pressure on the Indian Government due to the Sovereign Gold Bond (SGB) scheme. As of 2024, the government’s liability to investors has reached ₹1.15 lakh crore, as reported in the RBI Annual Report 2024. This has led to a pressure in issuing new SGBs since February 2023. What … Read more