The NITI Aayog report on Transforming India’s Gold Market was released in February 2018 with recommendations that proposed certain fundamental measures to reboot the gold policy. As we retrospect on the progress achieved in the last fve years since the release of this report, it is encouraging to observe the phased implementation of mandatory hallmarking and creation of Market Infrastructure Institutions. It is a statement of fact that these two developments have become a catalyst for the growth of the Indian gold market promoting standardisation.
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