Question : SALE OF GOLD



(a) whether the Union Government has any mechanism to oversee/monitor marketing of gold by the traders;

(b) if so, the details of transaction made in this regard through cash payment and hire purchase system alongwith details of law governing such matter;

(c) if not, the reasons therefor and reaction thereto; and

(d) the steps taken or proposed to be taken to protect customers from malpractices by the traders?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM)

(a) to (d): The information is being collected and will be laid on the Table of the House.