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• bullion market Gold import restrictions gold jewelry imports import curbs India gold policy Indian Economy Trade Policy unusual surge in gold demand
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GOVERNMENT RESTRICTS GOLD JEWELRY IMPORTS DUE TO UNUSUAL SURGE

Why in the news? The Commerce and Industry Ministry restricted gold jewelry and parts imports with immediate effect. Imports from the UAE under the Free Trade Agreement (FTA) are exempted. Notification issued by the Directorate General of Foreign Trade (DGFT). About Free trade agreements (FTAs): Free trade agreements (FTAs) reduce barriers to imports and exports. …

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