Jewellers call off strike, shops reopen
Jewellers finally called off their 21-day strike after being assured of an excise duty rollback by finance minister Pranab Mukherjee on Friday.gurgaon Updated: Apr 07, 2012 01:04 IST
Jewellers finally called off their 21-day strike after being assured of an excise duty rollback by finance minister Pranab Mukherjee on Friday.
The strike had affected residents of the Millennium City and other NCR towns who were waiting for pending deliveries.
Jewellers across the country have been protesting since Mukherjee proposed 1% excise duty on unbranded jewellery and doubled the import duty to 4% on gold in the Union Budget.
Shopowners across the city as well as the gold jewellery specialty mall — Gold Souk — also re-opened on Friday.
The closure of jewellery shops for the last 21 days had forced many to go for artificial ornaments ahead of the wedding season. “I am glad that we still have time for the marriage preparations and our goldsmith will be able to deliver in time. Indian marriages are incomplete without gold,” said Shubhani Bhardwaj. “I have been having sleepless nights as I was worried for the wedding of my daughter. According to tradition, gold is given as a sign of prosperity,” said Samrat Hazra, the father of a bride-to-be.