Vedanta Chairman urges Indian government to privatize gold mines for domestic production boost.

Vedanta Chairman Anil Agarwal urges the Indian government to privatize Bharat Gold Mine and Hutti Gold Mine to boost domestic gold production. India currently imports 99.9% of its gold needs and privatizing these mines could lead to significant investments and job creation, according to Agarwal. The government's proposal to reduce customs duty on gold further supports the need for increased domestic production.

July 26, 2024
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