Source: http://www.moneycontrol.com/news/business/economy/this-is-how-government-can-clean-up-gold-trade-and-make-it-both-healthy-profitable-2327393.html
Gold - III :
Three steps which can clean up the gold trade in India
(part-I can be found at http://www.asiaconverge.com/2017/07/india-loves-gold1/; and
part II at http://www.asiaconverge.com/2017/07/duties-taxes-corruption-government-abets-smuggling-gold/)
Rn bhaskar Jul 17, 2017 02:40 PM IST | Source: Moneycontrol.com
The need for a fresh approach...
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...
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/policy-watch-clean-up-the-gold-trade-quickly-as-a-national-priority
Gold smuggling- II: Cleaning up the gold trade is a national priority
RN Bhaskar
(Part I of this series can be found at http://www.asiaconverge.com/2020/10/gold-smuggling-i-is-encouraged-by-flawed-government-policies/)
Why should gold be a national priority?
There are three reasons why gold assumes immense significance for the integrity...
Lab grown diamonds are the way to making India even more formidable in diamonds
Surat-based Greenlab Diamonds aspires to create sustainable luxury on the back of lab-grown diamonds. Chairman Mukesh Patel discussed the potential of lab-grown diamonds and some of...
https://www.moneycontrol.com/news/business/commodities/gold-needs-some-very-urgently-needed-policy-changes-4820471.html
Policy changes for gold urgently required
RN Bhaskar -- January 15, 2020
Successive governments in India have waffled on gold policies for long (http://www.asiaconverge.com/2019/11/urgent-needfor-gold-reforms/). As a result, the entire gold trade was allowed to either go underground, or go to seed.
The...
http://www.freepressjournal.in/analysis/can-gold-be-made-less-attractive-for-smugglers-en-bhaskar/1101981
Can the government make gold a cleaner, more profitable, business in India?
— By RN Bhaskar | Jul 13, 2017 07:16 am
Listen carefully to the words that are constantly being uttered by government spokesmen. They talk about driving black-marketeers to the ground....
Sabyasachi Ray of GJEPC speaks about the gems & jewellery trade in India
Headquartered in Mumbai, the Gems and Jewellery Export Promotion Council has been the premier trade body for the diamond trade since over 50 years. Sabyasachi Ray, ED,...
http://www.moneycontrol.com/news/economy/policy/when-will-the-budget-provisions-actually-liberate-this-yellow-metal-2507939.html
Budget 2018 and gold -- a long way to go yet
To understand how significant the provisions of the Budget are, one must go back in the past where gold was largely been treated only as a commodity – albeit...
https://www.freepressjournal.in/interviews/gold-has-become-more-alluring-than-ever-before
PR Somasundaram-WGC-Gold requires one regulatory body
Tales around gold have always fascinated people. And as the price moves higher, or promises to climb, the fascination with gold grows stronger. Free Press Journal’s Jescilia Karayamparambil and RN Bhaskar spoke to World...
