Jewellers association to meet finance minister on April 6

Jewellers association to meet finance minister on April 6

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Asia Bizz: The jewellers in India have been protesting against the tax hike for a long time, and revealed on April 5, 2012  that they will take a final decision after they meet the finance minister Pranab Mukherjee on April 6, 2012. The protesting jewellers will be meeting the finance minister on the issue of rolling back of the increased taxes on the unbranded jewellery.

Before the decision, the delegation which was led by RJD president Lalu Prasad met the finance minister. In the meeting, Mukherjee assured the delegation of positive response.

The jewellers have been on strike in the various parts of country since March 17, 2012 and were protesting against the increased hike in the import of the unbranded jewellery. The proposal was announced by the finance minister during the budget 2012-13. The jewellers strike came to an end on the 20th day and all the other markets including the BSE and NSE also remained closed on April 5 on account of Mahavir Jayanti.

The finance minister has now called a meeting to meet the representatives of the jewellery manufacturers from the major cities in New Delhi. The decision on whether to end the strike or not will be decided on April 6, 2012 when the members of the association meet the finance minister.