Discussion 352 Evening—And There Is No
351 Half-An-Hour [RAJYA SABHA] Discussion 352 evening—and there is no restriction of We can continue the discussion holding jewellery. In any case, this Act has tomorrow. been followed more in breach than in observance. So, this Act being repealed is PROF. CHANDRESH P. THAKUR: I can welcome. The other measures, make a beginning today, Sir. complementary measures, should be THE VICE-CHAIRMAN (SHRI announced soon. Otherwise, today in the BHUVNESH CHATURVEDI): Now we wij] public the general impression is what Prof. nave the Half-an-Hour discussion. Further Thakur has just now said, that by repealing discussion on '.he Bill will continue this Act the prices will go down. But, tomorrow. Shri Virendra Verma. actually, the prices will flare up after the Bill is passed and there is no restriction on holding HALF-AN-HOUR DISCUSSION gold. So there is the danger that prices will flare up. On points arising out of the Answer given in the Rajya Sabha on the 17th May, 1990 The Deputy Finance Minister said that gold to Starred Question 223 Re. setting up is not an essential commodity and so he tried Benches of High Courts to say that Government is not so much worried about the price of gold. But I submit that gold prices have a bearing on a lot of other things, like foreign exhange, black- market in foreign currency, hawala rates, etc., etc. So, I feel that the Finance Minister should seriously look into this matter at his level only because, I can assure him that a lot of economists and bureaucrats are going to say "No".
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