look news india
One Nation One Rate Policy for Gold Price: There is good news for buyers who invest in gold. Because soon the One Nation One Rate policy can be implemented in the country. Nowadays, the price of gold varies not only from state to state but also from city to city.
The proposal presented by the government is likely to be approved soon. Let us tell you here that the Gems and Jewellery Council is preparing to implement the One Nation, One Rate policy. According to knowledgeable sources, this policy of making gold available at the same rate across the country i.e. One Nation One Rate Policy is likely to be implemented from the month of September. Of course, no official announcement has been made by the government in this regard.
People will benefit from One Nation One Rate Policy
One National One Rate Policy is a proposed policy of the Government of India. And this can definitely benefit the common people. The government wants to have a single price of gold across the country i.e. to end the situation of different prices in different states and different cities.
To implement the scheme more efficiently and bring more transparency in pricing, it plans to create a bullion exchange. This exchange will fix the price of gold across the country. Just like the price of a company's shares in this stock market is the same across the country, this exchange will fix the price of gold across the country.
The price of gold will be decided daily
According to the information, the price will be fixed daily on this bullion exchange and it will be valid all over the country. The government's goal is to bring transparency in the purchase of gold. After the implementation of the One Nation One Rate policy, the problem will end and the price of gold will not be known easily.