20 per cent of total gold import to reach hands of small traders
Posted on: 11/Nov/2014 2:15:32 PM
Central government, aiming to encourage gold trading among small traders, has devised plans to allot 20 per cent of total volume of imported gold to them. Gold jewelry welfare association filed a petition at the Delhi High court claiming that small traders are hugely affected as they are bound to pay huge rates for gold import.
As a step to rectify this issue, targeting to make gold available for all levels of traders, 20 per cent of the total volume of imported gold is set to get allotted to small traders.
