K. Anbazhagan opposed Gold (Control) Rules, saying it treated only symptoms, not the disease

At the deliberations of a joint parliamentary committee, Anbazhagan, who represented the Thiruchengode constituency in the Lok Sabha, said the Gold (Control) Rules was ineffective ever since it was introduced and people took to the metal as it was the only safeguard against the reckless inflation and the dwindling value of the rupee