ECG insurance benefit likely to make a comeback for gems and jewellery sector
Bank finance, currently applicable for pre- and post-shipment of goods, will be covered by the Export Credit Guarantee Corporation (ECGC)
Trade expects new government to upgrade gold as asset class
The trade is also expecting that government will make an effort to increase banking to the gem and jewellery sector, which has been facing the brunt of the banks after the infamous Nirav Modi scam
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