Budget 2015: Will introduce Indian gold coin with Ashok Chakra, says Arun Jaitley

Mumbai: Finance Minister Arun Jaitley announced that the government will introduce Indian gold coins with the Ashok Chakra as he presented the Union Budget 2015 on Saturday.

Jaitley proposed to work on developing an Indian gold coin which will help recycle gold available in country.

Jaitley also stated that gold monetisation scheme will be introduced to replace deposit and metal loans.

Jaitley, delivering his first full-year budget, said growth would accelerate to between 8 and 8.5 percent in the fiscal year starting in April.

"India is about to take off," Jaitley, 62, said early in his speech. "The world is predicting that this is India's chance to fly," he added.