The government is constantly trying to reduce the consumption of gold . However , the merchant finds some solution . This time gold trader legal avenues are brought into the country . Traders on the move of the government playing a game .On the subject of argument , the government says the scheme has had an adverse impact on the domestic jewelry industry . The same rule while his arms traders and people living overseas gold imported by free air ticket is started .
Gold - Silver and slip
This hunger for gold traders are bullish . Dubai this month Calicut ( Kerala ) NRIs in the hands of a plane was 80 kg gold . Ie in a plane with 80 passengers were sleeping . Marriage season demand for gold has become a good way .
Director of All India Gems and Jewelers
Trade Federation said Bchcharaj Bmalva usually 20 to 30 per cent of NRI travel agent to book tickets . These agents work mainly businessmen . He said , " If they pay NRI fees not do anything illegal . These people are usually workers in Tamil Nadu or Kerala , which is given free tickets . "
If we look at the figures from the year 2009 in gold import growth is constant . Let me tell you of 2009-10 increased to 850 985 kg 969 736 kg of gold were imported in the year 2010 was reached . If you take a look at just gold imports this year to February in the year 2011-12, 986 126 kg of gold from abroad into India are in place.
Government officials estimated that by the middle of November compared to the previous month 's import several tons of gold . Industry officials said the NRI per pound premium to pay import duty on gold from 125,000 to Rs 150,000 ( 2,000 to 2,400 dollars) to save it. Due to the ban on imports has also encouraged smuggling .
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