Quantum and value of gold imported during the last three years is as under:

Year	Quantity (Tons)	Value (Rs. in crore)
2011-12	1078.35	269900.71
2012-13	1013.72	292152.83
2013-14	661.71	166242.62

Reserve Bank of India vide circular dated 22.7.2013, prescribed all nominated banks/agencies to ensure that at least 1/5th i.e. 20% of every lot of import of gold imported to the country is exclusively made available for the purpose of exports and the balance for domestic uses.  The scheme was modified from time to time vide circulars dated 14.8.2013, 31.12.2013, 14.2.2014 and 21.5.2014.  This scheme has since been withdrawn vide RBI circular dated 28.11.2014.

Export of Gold Jewellery  during the last three years is as under:

(HS CODE:71131910, 71131920, 71131940, 71141910, 71142010)

Year	Quantity (Kgs)	Value  (Rs. in crore)
2011-12	117694	31966.97
2012-13	108827	30840.55
2013-14	120448	33349.38

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.

Import allocation requirement ended, removing mandated export set-aside for gold and altering importer compliance obligations. Reserve Bank policy required nominated banks and agencies to reserve a portion of each gold import lot exclusively for export while the balance served domestic uses; the allocation mandate was modified by subsequent circulars and was ultimately withdrawn by a later RBI circular, imposing and then removing bank-level obligations to segregate import lots for export availability.