Yojana Bandh! Gold Monetization Scheme & Sovereign Gold Bonds Stopped! Features, Tax Applications скачать в хорошем качестве

Yojana Bandh! Gold Monetization Scheme & Sovereign Gold Bonds Stopped! Features, Tax Applications

1. 📘 Mrunal’s Economy Prelims Book (PCB12) available on Amazon https://amzn.to/4c4h1mv 2. 👩🏻‍🏫 Free Workshop for UPSC 2026/27 Aspirants this Saturday https://unacademy.com/class/mrunals-f... 3. Mrunal’s Free Win25 Economy Updates Series https://mrunal.org/win25 4. Join Unacademy course for UPSC preparation https://unacademy.com/goal/upsc-civil... In this video, renowned UPSC Educator & Economy Subject Expert Dr. Mrunal Patel will be diving deep into a crucial development in India's financial landscape: the government's decision to discontinue the Medium Term and Long Term Government Deposit (MLTGD) components of the Gold Monetization Scheme (GMS), effective March 26, 2025 and the decision to stop issuing new sovereign gold bonds. This video is for the benefit of job aspirants in India who are preparing for various competitive exams such as UPSC, SSC-CGL, State Services (StatePSC), Banking, IBPS, RBI, CAPF, CDS, etc. Timestamp 00:00 Intro to gold schemes 00:38 Gold Monetization Scheme 01:07 Return on investment 01:57 Why govt stopped 02:31 FM’s chikni-chupdi baatein 02:53 Delhi Offline vs Unacademy 04:30 MCQ from IES Exam 05:31 Mrunal’s Economy Book on Amazon 05:36 Sovereign Gold Bonds 06:33 Return on SGB 06:53 Income tax & capital gain tax 08:19 vicious cycle of inflation & gold import 09:32 MCQ from IAS exam 10:13 Download PYQ Booklet 10:20 Free Workshop for beginners 10:28 Win25 Economy Free Updates *What's Happening?* The Ministry of Finance has announced a major shift in the GMS, stating that due to "evolving market conditions and performance of the scheme," the MLTGD options will be discontinued. This means that after March 26, 2025, you won't be able to deposit gold under these long-term categories. However, the Short-Term Bank Deposit (STBD) component will remain, albeit at the discretion of individual banks based on their commercial viability. *Why is This Important?* The Gold Monetization Scheme, launched in November 2015, aimed to mobilize India's vast reserves of idle gold. The goal was to integrate this gold into the formal economy, reduce the country's reliance on gold imports, and thereby decrease the current account deficit. The scheme had three main components: *Short Term Bank Deposit (STBD):* 1-3 years *Medium Term Government Deposit (MTGD):* 5-7 years *Long Term Government Deposit (LTGD):* 12-15 years With the discontinuation of the MLTGD, the focus shifts entirely to the short-term deposits, which will be managed by banks based on their own assessments. *Key Points to Remember:* The RBI will release detailed guidelines regarding this change. Existing MLTGD deposits will continue until their maturity. This move comes amid rising gold prices and follows the discontinuation of Sovereign Gold Bonds. Interest rates for STBD are determined by banks, while MLTGD rates were previously fixed by the government (2.25% for MTGD, 2.5% for LTGD). *What Does This Mean for You?* If you were considering investing in the GMS's long-term options, you'll need to reassess your strategy. The continuation of the STBD provides some flexibility, but it's crucial to understand the terms and conditions offered by individual banks. *Expert Insights from Dr. Mrunal Patel:* To help us better understand the implications of this decision, we're thrilled to announce that renowned UPSC educator and economy expert, Dr. Mrunal Patel, will be providing in-depth analysis and explanations. Dr. Patel's expertise in Indian economy and her ability to simplify complex financial concepts make her an invaluable resource for competitive exam aspirants. She will cover the following important points. The economic rationale behind the GMS and its original objectives. The factors that led to the discontinuation of the MLTGD. The potential impact on India's gold market and current account deficit. How this change affects UPSC aspirants preparing for the economy section. The difference between short term and long term deposits and their impact. The impact of gold prices on the economy. The connection between the gold monetisation scheme and the current account deficit. *SEO Tags:* #GoldMonetizationScheme #GMS #UPSC #Economy #CurrentAffairs #IndianEconomy #RBI #FinanceMinistry #GoldPrices #CurrentAccountDeficit #MrunalPatel #UPSCpreparation #CompetitiveExams #GovernmentSchemes #FinancialNews #Banking #India #IAS #CivilServices #EconomicPolicy #GoldDeposit #ShortTermDeposit #LongTermDeposit #MediumTermDeposit #FinancialAwareness #IndiaEconomy #UPSC2024 #UPSC2025 ```