Facts of Gold Monetization Scheme:

- Gold bonds will be issued in denominations of 5, 10, 50, 100 grams of gold. The cap per person per year has been set at 500 grams.
- The deposits can be short term (1-3 years), medium term (5-7 years) and long term (12-15 years).
- The income will exempted from the Capital Gains tax, income tax.
- Like FD, you can break lock-in period and interest will be paid accordingly.

What is Gold Monetization Scheme?

- It will allow depositors to earn interest in their metal deposits and jewelers to obtain loan in their metal account..
- Bankers and Dealers will also be able to monetize the gold. 
- It will regulate estimated 20,000 tonnes gold which is neither be traded or monetized in India.
- Minimum 30 grams of gold has to be deposited for at least 1 year. 

Facts of Gold Bond Scheme:

- This allows the investors to earn fixed rate of interest.
- Investor can redeem Gold certificate into Money or Physical Gold.
- Annual Cap of 500 grams per person has been set.
- It will be issued for 5-7 years with lock-in period, in denominations of 2,5,10, 50, 100 grams and other denominations.

What is Sovereign Gold Bond Scheme?

 -It is an alternative to purchasing Metal Gold.

- It will be the Sovereign Guarantee issued by RBI on the behalf of the Union Government. 

- This will carry Fixed rate of Interest (calculated on the value of Gold at the time of investment).

Essential Facts of Sovereign Gold Bond and Monetization Scheme

The Union Government of India has approved the Sovereign Gold Bond and Gold Monetization scheme.in order to monetize the estimated 20,000 tonnes of gold in households and temples of India, which is neither monetized nor traded ever.
Aim of the Schemes:

- Government imports 800-1000 tonnes of gold every year. This scheme will ease pressure on Trade Deficit.
- It will scrap existing Gold Deposit and Gold Metal Loan Scheme.
- Lenders can sell their Gold to generate Foreign Currencies.
- The Government will benefit from reduction in the cost of borrowing.
- To help Gems and Jewellery sector in the country by making it available Gold as a raw material on loan.
- Medium and long-term deposits can be used to replenish RBI’s gold reserves, auctioning, making coins and lending to jewellers. Short-term deposits will only be used for making coins and lending to jewellers
- The government will create a Gold Reserve Fund to bear risks arising out of variations in gold prices

How is Spectrum Trading done?

This might still baffling you, How will spectrum trading take place? Take an example: There are two operators A and B. A covers circle C1 with large subscriber whereas B has only few. But, B has large spectrum (range of frequency to transmit data and helps in communication) compared to A.
Then, A will get into agreement with B and B will agreed to share its frequency with A so that A can provide better quality of service to its subscribers. This will be done under norms by TRAI.

What is Spectrum Trading?

The Government of India on 9,September cleared the Spectrum Trading norms for the Telecom Industry. This is the most awaited policy for which the companies are waiting. The spectrum trading will be available in all bands and help in increasing the efficient use of radiowaves by enabling one telecom operator to share un-utilized spectrum with other operator who needs it.
However, the operator has to tell the DoT for the sharing of spectrum with in 45 days, instead of taking approval from the Department.
Salient Features:

1. Only the spectrum of specific bands auctioned in 2010 or after will be allowed to trade.
2. It will allow small operator with large subscriber to get spectrum from bigger operator with low subscriber in an area or a circle.
3. The buyer has to give 1% trading fee that will be calculated on the market price or auctioned price which is higher.
4. Trading shall be permitted only on pan-Licsensed Service Area(LSA) basis.
5. Trader must have cleared all its dues before sharing its spectrum. If it has been established that Licensees has breached the norms and the Licensor has order for revocation/termination, it will not be allowed to trade.
6. It also provides Exit opportunity for the operator who have not been able to build scale in India and other players to get more spectrum for its large subscriber base.
7. It will enable Optimum utilization of spectrum.
8. It improves the quality of service and reduces the Call drop mess.
9. It is hoped that this will help in releasing the Modi Government projects like Digital India, Smart City, E-governance etc.