Industry wants govt to bring EMIs for gold jewellery

Kolkata: Banks will treat loans on jewellery to consumers as personal loans even though the gold trade is seeking concessional rates for such loans. The trade has appealed to the government to introduce a separate jewellery purchase loan that will be paid by consumers in EMIs for 22 carat gold jewellery. "In our country, almost 60%-70% jewellery is made in 22 carat. Gold plays a very important part in daily trade. EMIs for 22 karat gold jewellery should be reinsta ..