IGPC for responsible sourcing of gold in India through certification

A gold monetisation scheme has been suggested as a better solution by the Centre

To ensure responsible sourcing of gold into the country, India Gold Policy Centre (IGPC) has suggested certification as a remedial measure.

IGPC was set up at the Indian Institute of Management, Ahmedabad (IIM-A) as the result of an agreement with the World Gold Council, the market development body of the global gold industry. The aim was an research and analysis institution on gold and related policies.

Responsible sourcing of gold is being championed by the Organisation for Economic Co-operation & Development, the 36-nation inter-government body. This followed reports of gold being sourced from mines in nations that are allegedly involved