The Government has decided to set up a domestic Gold Council in India. Commerce and Industry Minister Suresh Prabhu said this while inaugurating the 2nd Edition of India Gold and Jewellery Summit in New Delhi today.
Mr Prabhu underlined the need for an integrated Gold policy to address all the issues in holistic way.
He said that his ministry will make sure that gems and jewellery business does not suffer from financial issues and his ministry is in talks with Finance Ministry in this regard.
Mr Pabhu suggested that India must have a partnership with other countries for promotion of gems and jewellery business.
Commerce Secretary Anup Wadhwan and senior officials of World Gold Council, also addressed the Summit.