sovereign gold bonds

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Comrade
raghuisb4u246
Is it the end of the sovereign gold bonds..?
No further tranche of sovereign gold bonds...!
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Deal Cadet Deal Cadet
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It was a great instrument for the middle class for wealth creation/allocation in small installments. Horrible move going after the middle class again.

Govt owes 85,000 cr to investors in this scheme - SGB cancelled

For context - 

Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament

https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-10-57-lakh-crore-in-five-years-make-npa-recovery-worth-rs-7-17-lakh-crore/articleshow/105757525.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 

Who was the last industrialist that was made to pay for this mess. Pathetic

Deal Cadet Deal Cadet
Link Copied

It was a great instrument for the middle class for wealth creation/allocation in small installments. Horrible move going after the middle class again.

Govt owes 85,000 cr to investors in this scheme - SGB cancelled

For context - 

Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament

https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-10-57-lakh-crore-in-five-years-make-npa-recovery-worth-rs-7-17-lakh-crore/articleshow/105757525.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 

Who was the last industrialist that was made to pay for this mess. Pathetic

Generous Generous
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Govt owes 85,000 cr to investors in this scheme - SGB cancelled

Why Govt owes 85,000 cr?
Didn't they buy Gold when we paid them or what?
If they bought the Gold than how come the loss is there.
If they didn't buy, than this is the Baap of all the scams.

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Deal's Advocate Deal's Advocate
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Loss for RBI. hence may not available fresh issue.

Deal Cadet Deal Cadet
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It was a great instrument for the middle class for wealth creation/allocation in small installments. Horrible move going after the middle class again.

Govt owes 85,000 cr to investors in this scheme - SGB cancelled

For context - 

Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament

https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-10-57-lakh-crore-in-five-years-make-npa-recovery-worth-rs-7-17-lakh-crore/articleshow/105757525.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 

Who was the last industrialist that was made to pay for this mess. Pathetic

Deal Cadet Deal Cadet
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Amrit Kaal chal raha hai bhai, yeh sab hona usi ka part hai

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