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Government Plans to Reduce importing of gold- P. Chidambaram

Posted on: 03/Jan/2013 11:16:54 AM
Importing of gold is to be reduced by central government said Finance Minister P.Chidambaram.The importing rate of gold is very much high in the last  period so that our central government planned the method to reduce the importing of Gold .he  added that Importing of surplus gold and the decreasing rate of Crude oil in the market leads the economic’s Fiscal Deficit into 4.2% in the coming Financial Year. More than that The central Government may increase the rate of gold more than as of now.

He added that to reduce the use of gold is the central governments advice to the public.

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