India to get new gold policy? Modi govt looks at makeover to boost jobs creation
It is likely to focus on promoting domestic gold industry and exports of gems and jewellery, which contributes about 15 per cent to total merchandise outbound shipments, they said. In February, Finance Minister Arun jaitley had announced formulation of a comprehensive gold policy to develop gold as an asset class.
Modi government is expected to come out with a comprehensive gold policy soon to promote the metal industry and the gems and jewellery sector. Image source: Reuters