Import policy of gold dore is restricted: DGFT
"Import policy of gold dore is restricted," the directorate general of foreign trade (DGFT) said in a notification.
This means, now, an importer needs a license to import this commodity.
In value terms, gold imports fell by about 43 per cent to USD 1.68 billion in October.
The imports mainly take care of the demand for the jewellery industry.
(With inputs from agencies.)