Mp Ahammed, Malabar Gold Calls for Consumer-Centric Budget Policies

Mp Ahammed, Malabar Gold Chairman, calls for consumer-centric policies in the Union Budget to drive jewellery sector growth. He emphasizes that increasing disposable income through tax relief measures will directly boost jewellery demand. Reduced gold import duties have already shown positive results, and policy continuity is essential for sustaining growth. Mp Ahammed also stresses improving the gold monetisation scheme to utilize idle assets and reduce reliance on imports. Addressing inflation and strengthening infrastructure will further support organized retail expansion. Malabar Gold believes that a balanced and forward-looking budget can generate employment, enhance transparency, and drive economic growth. These measures will ensure long-term sustainability and strengthen India’s global competitiveness in the jewellery industry.