Recently Gem & Jewellery (GJ) industry & trade players simplified the Interim Union budget 2024-25. In the row, Sachin Kothari, Director at Augmont Gold For All said, “Bullion Industry stakeholders had a lot of expectations from the government to simplify and reduce the duties structure of the gold trade in this budget and solve the challenges they faced.
However, none of these issues and challenges were addressed in this interim budget. Bullion Market participants have forwarded these hopes and expectations for the final budget, which will be announced after the elections this year.
Gunjan Jain, founder of Flourish by Gunjan Jain said, “Budget 2024 marks a significant milestone in recognizing Nari Shakti and fostering women entrepreneurship. As the founder of Flourish by Jain, a jewelry brand committed to empowering women and promoting sustainability, I applaud the emphasis on economic inclusion through the disbursement of 30 crore Mudra Yojana loans to women entrepreneurs.
The substantial increase in female enrolment in higher education and STEM courses reflects a forward-thinking approach towards gender equality. Supporting 1 crore women through 83 lakh SHGs to become ‘Lakhpati Didis’ is a transformative step towards financial empowerment. This budget sets the stage for a stronger, more inclusive, and sustainable India, aligning with the ethos of Flourish by Jain and the aspirations of aware citizens across the nation.”