In a move that aims to set the ball rolling for implementing a comprehensive gold policy, the government has formed a working group to set up a domestic council for the gems and jewellery sector. The group is headed by the joint secretary of the ministry of commerce, Manoj Kumar Dwivedi.
"The group has participation from all stake holders of the industry, from mines to market, and will work out the composition and details of the council," Said Mohit Kamboj, president, Indian Bullion and Jewellers Association (IBJA).
According to a commerce ministry order issued on Thursday, the working group has been mandated