On the eve of Diwali, the government will launch important gold-related schemes, including the Gold Monetisation, prime minister (PM) Narendra Modi announced. Besides the Gold Monetisation Scheme, the government will also launch ‘Sovereign Gold Bonds’ and gold coins with Ashok Chakra, the PM said.“In our country, gold has become a part of our social life. Gold is treated as a means of economic security, a help during the time of crisis. It is traditionally believed so. But to keep gold in the form of dead money does not augur well in this age… Gold can become the country’s economic property and every Indian should contribute to this,” he said.