CAG report flags critical concerns in the gems and jewellery sector, pearl imports are ‘3 to 10 times higher’ than global production

On August 8, the Comptroller and Auditor General of India (CAG) tabled a report [PDF] in the Lok Sabha in which it flagged critical concerns in the gems and jewellery sector. The report suggests that the import of pearls in India from financial years 2013-14 to the financial year 2018-19 was 3 to 10 times higher compared … Read more