Friday 22 January 2021

Budget expectation quote on behalf of Informa Markets in India

 Gem and Jewellery

Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “We expect that the Budget 2021-22 will take a look at the Gem & Jewellery industry favorably and roll out many SOPs and significant policy changes that can help bring around the business in the following year. We also seek a depletion in customs duty and reduction in import duty on the precious stones. It also becomes important that the government should look at policies that encourage financial bodies to kick-start lending to the Gem & Jewellery sector, which will help businesses to keep up liquidity and ensure strength and success.

 

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