PM Modi wants Indians to buy less gold but jewellers suggest three ways to save forex without any sacrifices
Amidst calls to conserve forex, the All India Jewellers and Goldsmith Federation proposed a dedicated bullion bank and revamped gold monetisation schemes. These initiatives aim to reduce India's annual gold import dependence by 200-300 tonnes. High gold imports, driven by price surges, have significantly widened the trade deficit and impacted the current account deficit.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/pm-modi-wants-indians-to-buy-less-gold-but-jewellers-suggest-three-ways-to-save-forex-without-any-sacrifices/131029782
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/pm-modi-wants-indians-to-buy-less-gold-but-jewellers-suggest-three-ways-to-save-forex-without-any-sacrifices/131029782