No Plans to Roll Back Gold Import Curbs -- Chidambaram
By Suvashree Choudhury & Siddesh Mayenkar
Thursday, October 23, 2014
MUMBAI -- India is not planning any changes to its record import duty on gold and other restrictions on imports until the current account deficit is firmly under control, Finance Minister P. Chidambaram told CNBC TV18 in Davos.
"Until we have a firm grip on the current account deficit I do not contemplate any roll back in any measure. We will have a full idea of the current account deficit only when the budget is presented and when the year comes to an end," Chidambaram said. ...