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Gold traders and jewellers to strike in India

Friday, 25th May 2007 (3364 views)

As part of a strategy to draw attention to a growing number of crimes committed against gold traders and jewellers in the Indian city of Maharashtra, the shutters are to stay down for a whole day.

Jewellers and traders in the city will not open their doors to the public on May 30th, according to the Bombay Bullion Association.

It seems that a decision has not been taken lightly with Suresh Hundia explaining to Reuters news agency: "In the last six months, there has been an increase in robberies and some people have even lost their lives."

As many as 10,000 of these gold traders and jewellers could make their protest heard by marching to the government's headquarters in Mumbai, idexonline.com claims.

Maharashtra Rajya Saraf Mahamandal president Fatehchand Ranka has said that the amount of the goods that have been stolen in the attacks over the past 11 months amounts to around Rs100 million (£1.24 million). He added that the police could do no more as there have been "hardly any arrests".

 

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