Here is a Perfect Idea to stop gold import

Indian public hold lot of gold as unproductive asset in bank lockers. The government can buy the gold from the public or bring a interest yielding gold investment plan like fixed deposit in banks.

The invested gold can be made available for selling as per demand.

This is a solution to curtail large imports of gold. The sleeping Indian gold  should be awakened for the restoration of Indain economy. It is possible if given due diligence and right approach. Dr. Manmohan Singh and P.C and RBI should come out with a good plan to implement it sooner than later.