Image credit: GJEPC
Addressing the audience, Agrawal called for a revamping of the gold monetisation scheme so as to increase the amount of gold mobilised from stocks lying idle with households and institutions. He also said that the government is actively working on the delay in release of pending bonds by nominated agencies, and banks.
Agrawal also highlighted some of the different initiatives taken by the GJEPC to uplift the gold and jewellery sector, including setting up of Common Facility Centres to tap jewellery clusters across the country and also increasing and strengthening value addition in this sector. He acknowledged the support of the Ministry of Commerce & Industry in these efforts, for which the Indian industry was immensely grateful.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
