Faisal

12 May 2026

India’s gems and jewellery industry bodies are preparing to approach… – Faisal

India’s gems and jewellery industry bodies are preparing to approach Prime Minister Narendra Modi seeking stronger implementation of the Gold Monetisation Scheme. The move comes after Modi urged citizens not to buy gold for a year as part of austerity measures aimed at supporting the Indian economy during the ongoing West Asia crisis. Industry leaders believe mobilising idle household gold could help strengthen foreign exchange reserves and reduce imports. #Gold #NarendraModi #IndianEconomy