New Delhi: Jewellery exports from India are likely to revive going ahead, trade secretary SR Rao said today, adding government curbs on imports of non-essential items have been effective.[caption id=“attachment_1162065” align=“alignleft” width=“380”]  Jewellery exports are on the up. Reuters[/caption] India, the biggest buyer of bullion, has been trying to boost exports of jewellery and limit imports of gold—its biggest non-essential import—after the trade deficit surged to a record in the last fiscal year. India shipped out $2.68 billion worth of gold jewellery in value terms from April to August, down 59.4 percent on the year ago period, the Gems and Jewellery Export Promotion Council (GJEPC), a trade body, said on 24 September. The trade ministry is expected to announce financial incentives for jewellery exporters by end-October, Rao said on 27 September. Reuters
India, the biggest buyer of bullion, has been trying to boost exports of jewellery and limit imports of gold.
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