During the fiscal year April’20 – Feb ’21 India recorded gold imports of $ 26,110.42 mn as against gold imports of $27,001.79 mn in FY April’ 19 - Feb ’20, a decrease of -3.30 per cent.
Aditi Nayar, Principal Economist at Information and Credit Rating Agency (ICRA) said: “Following the Budget, in February 2021, gold imports surged to the highest level since November 2014.”
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished