Gold's own country: India's booming smuggling sector
Gold prices have hit record high soaring past Rs 60,000 mark but the high prices have not deterred the greed for gold. And we are getting it by hook or by crook as smuggling also soars. Host Kiran Somvanshi speaks to a veteran of the customs department as he reveals shocking tales and tactics of new age smuggling. The big question -: Are high import duties the very cause of the booming illicit gold trade? Is the solution the problem? We hear from Dr. Rajesh Kumar Verma, Additional Director General, Central Board of Indirect Taxes and Customs, Somasundaram PR, India MD and CEO - World Gold…
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