The gem and jewellery sector makes a significant contribution to the country’s overall economy. Just like there were high expectations from last year’s budget this year too, the fraternity is looking for a positive outcome from the budget. Considering that the current government believes in encouraging and promoting a business conducive environment, we are hopeful that they will address some of the concerns of the sector, which will benefit the industry. Following are the wishes and expectations from Union Budget 2021-22.