Supported by various trade associations including
Singhbhum Chamber of Commerce and Industry (SCCI), the fasting
jewelers and traders described the proposals as a "tough blow"
to the gem and jewellery Sector.
The ulterior motive was to promote branded jewellery,
Jamshedpur: Over 300 jewellers and bullion traders on Tuesday resorted to a day-long fast in protest against the union government’s budgetary proposals of doubling import duty on gold and imposition of excise duty on unbranded jewellery.
First Published: Tuesday, March 27, 2012, 17:19