Traders hail extension of gold jewellery hallmarking
   Date :26-May-2021

 jewellery hallmarking_1&
Business Bureau ;
The Confederation of All India Traders (CAIT) has welcome the extension of mandatory Hallmarking of gold jewellery till June 15 providing one more opportunity to the gold jewelers across the country. This will help the traders get prepared for implementation of compulsory hallmarking on each and every item of gold to be sold in the country post June 15, 2021. Earlier it was expected to be implemented from June 1, 2021. The Confederation of All India Traders and host of other organisations have earlier pitched for extension of the date in view of continued COVID-19 situation in the country. The decision of extension was announced by Union Consumer Affairs, Railway and Commerce and Industry Minister Piyush Goyal at a video conference with prominent jewellery trade leaders of the country held on Monday.
CAIT National President B C Bhartia and Secretary General Praveen Khandelwal while complimenting Goyal for extension of the date and formation of the committee said that business community is prepared to embrace the technology and upgradation of goods to be sold in India since it will bring a mutual trust between the Government, traders and the consumers. However, there is a need to have laws, rules and regulations which are compatible with the on ground functioning of the trade in India to provide ease of doing business rather than complicating the system. Both the leaders appreciated the positive and firm approach of Goyal in resolving the issues confronted by the domestic trade and assured that CAIT will augment hallmarking centers in association with All India Jewelers & Goldsmith Federation (AIJGF), a body representing small jewellery traders across the country.
There are about 4 lakh jewelers all over India which are providing employment to lakhs of skilled, semi skilled and unskilled people who are engaged in making of jewellery in different steps. Accepting the suggestion of CAIT and other organisations, Goyal also announced formation of a committee to ensure proper coordination and resolve the implementation issues to be headed by Pramod Tewari DG, BIS, the convener of the committee including Nidhi Khare, Additional Secretary, Department of Consumer Affairs, and representatives of CAIT Pankaj Arora, Renu Sharma with representatives of Jewelers’ Associations, Hallmarking center’s Association etc. Goyal while addressing the conference categorically said that taking forward the vision of Prime Minister Narendra Modi for increasing India’s share in global trade and to provide consumers the best an pure quality of the gold jewelry, the hallmarking on gold jewellerywill eliminate the unscrupulous element from the trade and India will have the world’s best standards in gold jewellry. He urged the jewellery traders to obtain hallmarking registration immediately and made it clear that there will no further extension of the compliance date. He said that the Government is committed to take every step to boost domestic trade and obstacles, if any shall be removed but under no circumstances, the persons engaged in fake hallmarking or other unwanted business practices will not be spared.