After Prime Minister Narendra Modi’s appeal to postpone gold buying, India’s gems and jewellery sector is warning of potential pain for jewellers. The GJC says instead of delaying demand, the government should unlock existing household gold via the Gold Monetisation Scheme to cut imports, ease pressure on foreign exchange, and respond to the West Asia crisis. Officials are being urged to reconsider.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
