By Martin Macwan* India’s Prime Minister, after the assembly election results in West Bengal, Kerala, Tamil Nadu, Puducherry and Assam, advised citizens—first from the soil of Telangana and later from Gujarat—to adopt a simpler lifestyle for a year or so. One of his suggestions was that those who can afford to buy gold should refrain from purchasing it for one year. Incidentally, there are no major elections due in the next nine months.
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