Urges Govt. to reduce gold import duties to curb black money economy GST regime welcomed but high service taxes, cess will negatively impact jewellery sales Fine print awaited; implementation holds the key to gold monetisation scheme Urges Govt. to allow only jewellers; not banks to be allowed to sell Ashoka Chakra gold coins or as investment proposition to consumers to prevent rise in CAD More Make in India measures needed for manufacturing & jewellery hub Mumbai, March 3, 2015:  The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, has hailed the Union Budget FY2016 present ed by Finance Minister Shri Arun Jaitley as progressive growth oriented long term economic blueprint. GJF praised the ‘change in attitude’ of the new Government which has progressively stimulated several positive changes in policy such as aboliti