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The Economic Times

Economy / The Economic Times

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Bullion industry proposes plan to turn India's idle gold into working capital

India's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and limiting the use of imported gold to jewellery exports. Jewellers are being asked to participate in gold monetisation programs. These initiatives aim to reduce the country's reliance on imported gold and improve the balance of payments.

12 May 2026 1:00 am