Delegation of jewelers expected to meet FM, Sonia Gandhi

Delegation of jewelers expected to meet FM,  Sonia Gandhi

Rampur: After three weeks of protest by bullion traders, delegation of jewelers from major cities will meet Congress President Sonia Gandhi and Finance Minister Pranab Mukherjee today.The delegation is expected to demand rollback on excise duty of branded as well as un-branded jwelleries.Vice president of UP Udyog Vyapar Pratinidhi Sabha Dilip Goyal urged trade leaders "not to come to terms with the minister who hurt jewellers' interests."However, this agitation done by bullion traders has cost the industry a revenue loss of approximately Rs 20, 000 crore and the government has also incurred a direct revenue loss of Rs 700 crore from Customs Duty.

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