Jewellers Urge India to Unlock Idle Gold, Ease Forex Strain
The All India Gem and Jewellery Domestic Council (GJC) recently urged the Indian government to prioritize the mobilization of the nation’s vast idle gold reserves, estimated to be over 25,000 tonnes, instead of implementing measures to curb gold demand. This plea, made amidst growing foreign exchange (forex) concerns, aims to strategically leverage a significant domestic…