In april 20 22, a report in the business line made a startling claim. The tiny state of sikim had seen an explosion in commodity traders who dabbled in contracts related to gold, silver, oil and other spices. But soon it became apparent that something was amiss. In some ways, sikhim is a tax haven, and traders could exploit this feature. For a brief while, the mystery traders live large, but now they have all but disappeared.
In today's episode for 17th August 2022, we see why there was a sudden flurry of trading activity in Sikkim these last couple of years.
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