The Government has decided to set up a domestic Gold Council in India. Commerce and Industry Minister Suresh Prabhu stated this while inaugurating the 2nd Edition of India Gold and Jewellery Summit in New Delhi.
Mr. Prabhu underlined the need for an integrated Gold policy to address all the issues in a holistic way. He also stated that his ministry will make sure that gems and jewellery business does not suffer from financial issues and his ministry is in talks with the Finance Ministry in this regard.
Source: News on AIR