THE SENIOR ANALYST
not have any real need of gold and for that
matter neither of us actually have any need of
gold. Government thus bears the onus of creating
an awareness to reduce the obsession of Indians
with gold. This may be a great leap forward, but a
truly economic change can only be effected only
when it brings about a socio-economic change
and even more, a change in the mind-set and
perceived misconception of people. The common
man has still not been able to relate much with
Gold ETFs and other gold deposit schemes.
However, SEBI has recently relaxed norms for
gold deposit schemes in its attempt to unfreeze
the idle gold in the economy. The business of gold
is largely unorganized and naturally is associated
with black money. A clever tax policy and
surveillance strategy in place will help make the
transaction of gold more transparent.
Jan 2014
Stock
Recommendation
Bharti Airtel
Company Background
Bharti Airtel is India's leading telecommunication
service provider, offering mobile services in all
the 22 circles of the country and havin