Home > BRICS, India, Indian Economy > It’s raining gold for RBI and SAIL staff

It’s raining gold for RBI and SAIL staff


RBI increasin faith in gold ...?

RBI's increasing faith in gold ...?

the apex bank of India has decided to distribute 379 kg of gold, worth over Rs60 crore, among its employees. As a part of its platinum jubilee celebrations, the Reserve Bank of India RBI will reward all its employees, including the retired staffers, with a 10 gram gold coin each on April 1. In all 37,900 gold coins will be given away. (via It’s raining gold for RBI staff | Jaipur, Today News).

Change in heart?

It is touching to see RBI’s change of heart. RBI is being honest with its employees. Instead of doling out depreciating paper currency, RBI is depending on gold to deliver value to its employees. Sometime back SAIL, the public sector steel company similarly paid its employees in gold.

Atta boy! Go for gold!!

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Categories: BRICS, India, Indian Economy
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