Silver Import Crackdown: Centre Tightens Rules on White Metal — All You Need to Know The Indian government has tightened its grip on silver imports by introducing new rules that require traders to secure a licence before bringing in the precious metal.
This move appears to be a prudent measure to prevent unscrupulous operators from exploiting a loophole created by last month's duty hike on gold and silver.
However, this is just one part of a larger effort to control India's imports of precious metals.