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Authors: Saxena, Anumeha

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India's Gold Trade: Dynamics Post July 2024
Authors: Narayanaswami, Sundaravalli; Saxena, Anumeha;

Reference No: IGPC0002 Pages: 23 Published on: 10, September, 2025

Abstract: This case study analyses India's gold trade within the context of its current account deficit (CAD), focusing on the policy measure of customs duty. During FY 2012-13, rising gold imports and rupee depreciation worsened the CAD. To curb imports, the government raised import duties. By 2022, duty rates reached 15%. In 2024, rates ... More

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