duty on gold to undercut smugglers government backpedaling on an earlier policy. last year, india actually raised the import duties in an effort to bring down the deficits. that the higher fees turned out to be a boost for black market operators who smuggled golden from overseas ansel, for cash to avoid duties. the government hopes that causing import duties again comes in time to lift sales during the upcoming peak season. for gold, india is the world s 2nd biggest consumer of the commodities. that for more in this we can talk to d. w correspondent tiro car to k in delhi. charo give us some context here. how big a problem is gold smuggling and india where it s a huge problem gate. oh, there s huge demand for golden. india is the world s 2nd largest consumer of gold after china, and are in ports and most of, and, and very little of it has produced a domestically. so most of this demand is made through import imports. keep rising every year. but so does smuggling tons and tons
duty on gold to undercut smugglers government backpedaling on an earlier policy. last year, india actually raised the import duties in an effort to bring down the deficits that the higher fees turned out to be a boost for black market. operators who smuggled golden from overseas, ansel, it for cash to avoid duties. the government, the hopes that causing import duties again comes in time to lift sales during the upcoming peak season. for gold, india is the world s 2nd biggest consumer of the commodity. that for more in this we can talk to d, w correspondent tiro car to k in delhi charo. give us some context here. how big a problem is gold smuggling and india? well, it s a huge problem gate. oh, there s huge demand for golden. india is the world s 2nd largest consumer of gold after china, and are imports and most of, and, and very little of it has produced a domestically. so most of this demand is made through import imports. keep rising every year. but so does smuggling tons a
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