> Indians sell their gold as pandemic affects incomes / V000_9LN79V
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Indians sell their gold as pandemic affects incomes / V000_9LN79V
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Description
In desperate need of cash, Kavita Jogani sells her gold wedding bangles at Mumbai's jewellery bazaar after her garment business took a severe hit from multiple coronavirus lockdowns.
Business closures and job losses pushed more than 230 million Indians into poverty in the past year, forcing many families and small businesses to put up gold jewellery as collateral to secure short-term loans to tide them over. IMAGES AND SOUNDBITES