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Golden Opportunity: PM Narendra Modi launches three gold schemes
Golden Opportunity: Gold Monetization Scheme, Sovereign Gold Bond Scheme and Indian Gold Coins launched
India has no reason to be described as a poor country; it has 20,000 tonnes of gold: PM Modi
Gold has been a source of women's empowerment in Indian society, says Prime Minister Modi
PM Narendra Modi launches India's first ever gold coin

The Prime Minister, Shri Narendra Modi, today launched three gold related schemes at a function at 7, Race Course Road.

The schemes are – Gold Monetization Scheme, Sovereign Gold Bond Scheme, and India Gold Coins.

In his remarks on the occasion, the Prime Minister described the schemes as an example of "sone pe suhaaga" (icing on the cake).

The Prime Minister said India has no reason to be described as a poor country, as it has 20,000 tonnes of gold. He said the gold available with the country should be put to productive use, and these schemes show us the way to achieve this goal.

The Prime Minister said gold has often been a source of women's empowerment in Indian society, and these schemes will underscore that sense of empowerment.

The Prime Minister spoke of the great bond of trust that the family goldsmith enjoys in India. He said that once the goldsmiths of India gain familiarity with the schemes, they could become the biggest agents of these schemes.

Shri Narendra Modi described the launch of the India Gold Coins, bearing the Ashok Chakra, as a matter of pride for the nation. He said people would no longer have to depend on foreign minted gold bullion or coins.

The Prime Minister also launched a website on these schemes, and distributed Certificates of Investment to six initial investors.

Union Finance Minister Shri Arun Jaitley, Union Minister of State (I/c) for Commerce Smt. Nirmala Sitharaman, and Union Minister of State for Finance Shri Jayant Sinha were present on the occasion.

Click here to read full text speech

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PM to interact with CEOs and Experts of Global Oil and Gas Sector on 20th October
October 19, 2021
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Prime Minister Shri Narendra Modi will interact with CEOs and Experts of Global Oil and Gas Sector on 20th October, 2021 at 6 PM via video conferencing. This is sixth such annual interaction which began in 2016 and marks the participation of global leaders in the oil and gas sector, who deliberate upon key issues of the sector and explore potential areas of collaboration and investment with India.

The broad theme of the upcoming interaction is promotion of clean growth and sustainability. The interaction will focus on areas like encouraging exploration and production in hydrocarbon sector in India, energy independence, gas based economy, emissions reduction – through clean and energy efficient solutions, green hydrogen economy, enhancement of biofuels production and waste to wealth creation. CEOs and Experts from leading multinational corporations and top international organizations will be participating in this exchange of ideas.

Union Minister of Petroleum and Natural Gas will be present on the occasion.