New Delhi: The government of India, having found that its bet on sovereign gold bonds (SGBs) had led to a staggering 930 percent increase in its liabilities on this borrowing by 2023-24, has been ...

India’s sovereign gold bond (SGB) scheme, launched in 2015 by the Finance Ministry, was meant to curb physical gold imports while providing a low-cost borrowing option for the government. However, ...