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India will soon have its own gold coin, with the Ashoka Chakra minted on it. Finance Minister Arun Jaitley on Saturday proposed to produce gold coins domestically with the Ashoka Chakra emblem to ...
Probably a good deal, for Ashoka made it clear that the gold, gemstones and diamonds found at the site belonged to him. Hundreds of years later, the Cholas were masters of Jonnagiri’s gold.
Jaitley said Indian consumers depend on foreign gold coins to meet their needs which results in Indian cash landing up in external markets. India imports 800-1000 tonnes of the yellow metal each year.
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