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Anand Mahindra Recalls 1962 Gold Drive After Viral Claim on Indian Women’s Holdings

Reporters stress the figure is unverified, setting it against RBI data that pegs official reserves at about 880 tonnes.

Overview

  • A social-media post claimed Indian women hold roughly 25,488 tonnes of gold, more than women in ten listed countries combined.
  • Anand Mahindra called it an "impressive statistic" and shared a childhood memory of the 1962 National Defence Fund gold-donation drive.
  • He described watching his mother hand over jewellery to volunteers in Mumbai and reflected on whether similar voluntary generosity would happen today.
  • Mahindra cited online sources saying Punjab "apparently" contributed about 252 kg of gold, and Hindustan Times noted it could not independently verify the figures.
  • Separate from private holdings, the RBI’s latest bulletin reports official gold reserves have crossed about 880 metric tonnes, valued near USD 95 billion, after small additions through September.