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The Economic Times
The Economic Times
Business
Rakshanda Sharma

PM Modi's call to cut gold purchases & 15% tax change India's import numbers

Prime Minister Narendra Modi’s renewed appeal to Indians to curb gold purchases comes at a time when the government is trying to contain the country’s gold import bill and bring more of the yellow metal held by households into circulation.

But did Modi’s similar appeal in May actually curtail India's gold imports?

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