1. 13 th September, 2014 -BHARGAVA N. VAIDYA e-mail : bnv1964@yahoo.co.in MAKING GOLD MONETISATION SCHEME WORK B.N. VAIDYA & ASSOCIATES

2. HISTORY SHOP FLOOR STOCK WAS LOW GAP RUN BY MOST JEWELLERS GOLD DEPOSIT SCHEME (GDS) ALSO POPULAR WITH MANY B.N. VAIDYA & ASSOCIATES

3. THEN High Interest Rate for Gold Accumulation with Jewellers No Legal restriction on acceptance of Deposit or Collective Savings scheme B.N. VAIDYA & ASSOCIATES

4. Analysis of Gold Scheme 1999 Background No Gold lease through Imports Market Lease rate on Gold around 9 % Fixed & stable rate of Import duty Plan to use Hallmarking Centers B.N. VAIDYA & ASSOCIATES

5. Negative Points Gold Deposit Scheme 1999 Available of Cheaper International Gold lease ( 1% against deposit cost of 3 %) Trouble from Local Levies (Octroi etc) Duty variation risk and balance sheet cost of it No incentive for bank or staff B.N. VAIDYA & ASSOCIATES

6. WAY OUT 1.Institutional 2.Legal Support 3.Structural Changes 4.Execution issues 5.Taking all stake holders along. B.N. VAIDYA & ASSOCIATES

8. INDIA A MAJOR BULLION & JEWELLERY HUB

9. B. N. VAIDYA & ASSOCIATES