https://www.freepressjournal.in/analysis/policy-watch-gold-mining-an-agenda-for-the-government
Gold mining IV
What the government should do?
RN Bhaskar
When it comes to gold, politicians, government officials, media and the general public can be quite misinformed to the point of hysteria.
Consider how – on 21 February 2020 -- an unsuspecting public...
Sanjay Kothari and the transformation of the gems and jewellery trade in India
Sanjay Kothari has been a diamond industry player (Kunal Diamonds) for five decades with forward integration into jewellery. He has been involved with GJEPC since 1996 in...
http://www.freepressjournal.in/editorspick/gms-needs-polishing-for-brighter-glow/716007
The Gold Monetisation scheme deserves to be better implemented
— By RN Bhaskar | Nov 19, 2015 12:00 am
It is heartening to see the government pushing the GMS (Gold Monetisation Scheme). After decades, the government has finally become quite serious about mobilising...
https://www.moneycontrol.com/news/business/economy/how-the-governments-gold-policies-make-indias-neighbours-richer-and-this-country-itself-poorer-4574121.html
India's gold policies have impoverished the country
RN Bhaskar -- Oct 25 2019
In 2013, P Chidambaram decided to impose a 10% import duty on gold (https://in.reuters.com/article/india-tax-finmin/gold-duty-raised-to-record-10-percent-as-imports-revive-idINDEE97C03J20130813). The finance minister was quite savvy about the way financial markets work.
He knew too...
https://www.freepressjournal.in/analysis/the-case-for-bullion-banking-in-india
Will the government allow bullion banking in India?
RN Bhaskar -- 26 December 2019
India has been myopic about so many things. One of them, tragically, is gold. It has forgotten to exploit its own mines, It gave out licences to...
Vipul Shah and his world of diamonds
Vipul Shah, current GJEPC Chairman, has held this post even earlier, from 2011-2015, and has also held office as vice chairman from 2020 to 2022. His vast experience in the trade enables him...
Vallabhbhai Patel has become the largest player in the diamond industry
Like so many in the industry, Vallabhbhai Patel has a village upbringing and agricultural background. From there, to building a company in India which is the largest worldwide in...
https://www.freepressjournal.in/analysis/policy-watch-a-sightless-government-isnt-even-aware-where-gold-is-and-in-what-forms
Gold mining – II
Gold mining II: The government does not admit where gold can be mined
RN Bhaskar -- 24 December 2020
Indians love gold. And India ends up importing around 700-800 tonnes of gold on an average (http://www.asiaconverge.com/2020/10/gold-smuggling-ii-a-cleanup-is-urgently-needed/). Each tonne...
Diamonds
Surat diamond industry faces labour issues
The past few weeks have seen reports of job losses in the diamond industry, including Surat which is supposed to be the global processing headquarters of the industry. Diamond Workers Union is among those...
http://www.freepressjournal.in/analysis/gold-we-trust-but-market-uncertain/1156098
Gold, Germany and India
— By RN Bhaskar | Oct 19, 2017 08:01 am
Gold markets continue to be poised on the tip of uncertainty. There is all round confusion. There is no faith in oil prices – they could fall to as...
