The claim
In 1991, Chandra Shekhar government pledged about 1 lakh kg of gold to foreign banks. Recently, the Modi-led BJP government brought this gold back to India.
Original review summary
The review says India pledged 46.91 tonnes of gold during the 1990–91 foreign-exchange crisis and repaid the loan between September and November 1991. The 100 tonnes moved to domestic vaults in 2023–24 were not that pledged gold, which had already been returned; the RBI still held 413.79 tonnes abroad as of 31 March 2024.[S1]
Research date:
Sources and attribution
- [S1] FACTLY original review
Original review · Retrieved October 17, 2026
Original review: FACTLY. Structured data compiled by Data Commons under CC BY 4.0. Publisher article content is subject to its own terms. Summaries and context are produced by PeakMetrics with AI assistance.
Updated