Jewelers fear massive impact on workers after the PM’s gold-buying appeal
- Posted on May 15, 2026
- By Financial Express
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- 1 min read
Jewelers fear massive impact on workers after the PM’s gold-buying appeal
India’s jewelry ecosystem, supporting 35 lakh artisans and small businesses, is reeling under a "double blow": a steep import duty hike from 6% to 15% and PM Modi's appeal to defer gold purchases.
