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The Economic Times
The Economic Times
Business

As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling framework

New Delhi: Domestic gold mobilisation and recycling could be a better solution to foreign exchange problems rather than deferring purchases, which could threaten the livelihoods of 35 million people, jewellery industry body AIJGF said on Monday.

The All India Jewellers & Goldsmith Federation (AIJGF) has called for an overhaul of the country's gold mobilisation framework instead of deferring purchases of the precious metal as suggested by Prime Minister Narendra Modi.

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