Wednesday 31 May 2017

#AOJQuote of the day 31st May 2017:

“Sixty tons of gold is a whopping 75 lakh sovereigns. That is the amount of gold expected to be sold in Kerala this year. If this estimate is right, consumers across Kerala would be spending about Rs 16,200 crore. While India received Rs 2,600 crore through VAT on gold sales last year, Rs 600 crore, or 23 % came from Kerala.” B Govindan, State President, All kerala gold and silver merchants association

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