Jewellers' body AIJGF pitches regulated 'Bullion Bank' to mobilise idle household and temple gold
All India Jewellers & Goldsmith Federation has urged the Centre to establish a Bullion Bank framework that would mobilise idle gold from households, temples and ETFs. The proposal aims to cut India's gold import bill, ease forex outflows and improve liquidity for jewellers, refiners and exporters.
AIJGF has urged the Centre to set up a regulated Bullion Bank framework to mobilise idle gold from households, temples and ETFs, reducing gold import dependence and forex outflows while improving liquidity for jewellers, refiners and exporters.
Why this matters
AIJGF is escalating policy advocacy, moving beyond tariff and hallmarking issues to a structural Bullion Bank ask that could reshape how India sources gold for its jewellery trade.
Retail-company signals steady at 535 in last 90 days, indicating sustained industry activity.