"India gold coins will happen very shortly, early part of the next month," Economic Affairs Secretary Shaktikanta Das told reporters today.
The decision to issue Indian gold coins follows an announcement made by Finance Minister Arun Jaitley in his Budget speech.
Jaitley had said in February that the government would "commence work on developing an Indian Gold Coin, which will carry the Ashok Chakra on its face".
"Such an Indian Gold Coin would help reduce the demand for coins minted outside India and also help recycle the gold available in the country."
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