shot-button
Subscription Subscription
Home > News > India News > Article > Jewellers end strike on promise of duty roll back

Jewellers end strike on promise of duty roll back

Updated on: 06 April,2012 03:04 PM IST  | 
Agencies |

Jewellers across India Friday called off their 21-day strike after being assured of duty roll back from Finance Minister Pranab Mukherjee and Congress president Sonia Gandhi.

Jewellers end strike on promise of duty roll back

u00a0


"The finance minister has assured (us) that whatever best is possible will be done," said a member of the jewellers delegation who met Mukherjee at his North Block office.u00a0

u00a0


Jewellers across the country have been striking since Mukherjee in the union budget March 16 proposed one percent excise duty on unbranded jewellery and doubled the import duty to 4 percent on gold.
u00a0
Official sources said the government was likely to roll back the one percent excise duty imposed on unbranded jewellery.u00a0
u00a0
However, there was no official announcement in this regard as the decision on roll back has to be taken by parliament.u00a0
u00a0
The agitating jewellers also met Sonia Gandhi and requested her to ask the government to roll back the duties.u00a0
u00a0
Madhukar Chachad, president of the All India Swarankar Sangh, later said that Gandhi had "assured us that she will forward our demands to the finance minister for further action".u00a0

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK