http://www.freepressjournal.in/gms-needs-polishing-for-brighter-glow/
Gold Monetization Scheme needs polishing for brighter glow
— 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.freepressjournal.in/analysis/distressed-times-just-watch-what-is-happening-to-gold
When people stop buying gold in India, there is cause to worry
RN Bhaskar
At one level, this should be cause for celebration. Gold imports into India crashed during 2020 (see chart). Lower import of this yellow metal means a smaller...
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....
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...
https://www.freepressjournal.in/analysis/when-the-inr-falls-it-is-easy-to-blame-gold-writes-rn-bhaskar
A weak INR and growing CAD are a result of poor gold policies
By RN Bhaskar
The RBI in its recent report (https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=21137#FN14) states “Gold imports at US$ 2.6 billion in June 2022 were almost half the level of US$ 6.0...
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...
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...
http://www.dnaindia.com/money/report-dna-launches-its-policy-report-on-the-gems-and-jewellery-industry-2057473
A policy report on the gems and jewellery industry
dna has just put forth before the government a policy paper on “How to revive the gems and jewellery industry in India, and build on its employment and revenue potential".
A copy...
https://www.freepressjournal.in/analysis/jatin-mehta-files-a-usd-5-billion-suit-against-de-beers-stanchart-and-kroll
Kroll's refusal to face facts
The Jatin Mehta submissions before the Surat court have squarely put the blame on Kroll, which it says acted in concert with De Beers and SCB. Also see report at https://asiaconverge.com/2022/07/jatin-mehta-sues-debeers-stanchart-kroll-for-5-bn/
From the court documents, it...
Kiritbhai Bhansali on Diamonds and India
Kirit Bhansali, founder of Smital Gems, is a committee member of the Bharat Diamond Bourse and the GJEPC. In a brief chat, he outlines the potential of the Indian diamond industry, and where exactly...









































