Union Budget 2025: इंडिया में गोल्ड इम्पोर्ट एक बड़ा मुद्दा बन गया है। सोने के प्रति लोगों का अट्रैक्शन बढ़ता जा रहा है। नवंबर में सोने का इम्पोर्ट 14.8 अरब डॉलर का रहा जो पिछले साल नवंबर की तुलना में 331 % ज्यादा है।
#budget2025 #gold #importduty #goldprice #goldrate #importexport #trade #deficit #goldprice
Also Read
Budget 2025 Preview: What to Expect and Focus Areas for India's Economic Growth :: https://www.goodreturns.in/news/budget-2025-preview-what-to-expect-and-focus-areas-for-indias-economic-growth-1394745.html?ref=DMDesc
~HT.318~GR.147~GR.124~
#budget2025 #gold #importduty #goldprice #goldrate #importexport #trade #deficit #goldprice
Also Read
Budget 2025 Preview: What to Expect and Focus Areas for India's Economic Growth :: https://www.goodreturns.in/news/budget-2025-preview-what-to-expect-and-focus-areas-for-indias-economic-growth-1394745.html?ref=DMDesc
~HT.318~GR.147~GR.124~
Category
🗞
NewsTranscript
00:00In India, gold import has become a very big issue, people's attraction to gold is increasing.
00:10In November, the import of gold was 14.8 billion dollars, which is 331% more than last year's November.
00:19In November, the total import of products was 70 billion dollars and the share of gold was 21%.
00:26In November, the total import of gold was 37.8 billion dollars, which is the highest level so far.
00:35It is hoped that the budget will be presented in the coming year 2025 and the import duty on gold can be increased during that time.
00:43So let's tell you in detail in this video what will be the impact of this decision on the Indian market and the economy.
00:50It is believed that in the last 2-3 months in the share market, due to heavy declines, investors' attraction to gold is increasing.
00:58On the other hand, in November, the export of products was 32.11 billion dollars, which is 4.83% less than last year's November.
01:09In November, the export of petroleum products fell by 49% compared to last year's November and mainly due to this, the total export of products fell.
01:20According to the Ministry of Commerce data, in the current financial year, that is, April-November 2024, the total import of products was 486 billion dollars and more than 10% of it is gold.
01:35This year, in April-November, the import of gold was 49 billion dollars.
01:40However, the Ministry of Commerce says that the increase in the price of gold is also showing an increase in the import of gold.
01:47On the basis of export in November, the good thing was that the increase in the export of employment goods is going on.
01:54In November, 13.75% in engineering goods, 54.72% in electronics goods, 10% in ready-made garments, 5% in man-made yarn fabric, 15% in tea, 16% in coffee, 95% increase in rice export.
02:13Now if we talk about the gold mine, in the last 5 years, an increase of about 40% in India's gold mine.
02:21On June 30, 2024, where India's total gold reserve was 661.41 metric tons, according to the data, it increased to 822.10 metric tons by March 31, 2024.
02:37In this duration, not only the gold mine of India, that is, the physical holding, was increased, but also the domestic gold holding of India was seen to increase.
02:48On the other hand, according to the annual report of RBI in 2023, India's total gold reserve or gold mine is 822.10 metric tons,
02:58in which the total gold reserve kept in India is 408.31 metric tons, which is about 50% of the total gold reserve of RBI.
03:09It is hoped that in the coming budget, the decision to increase the import duty on gold can be taken.
03:17So what is your opinion on this? Give us your opinion in the comment box and keep watching Good Returns for such updates.
03:23Don't forget to like and subscribe to our channel.