GJEPC is leading industry consultations to formulate a proposal on gold monetisation and measures to reduce India’s Current Account Deficit (CAD), following initial discussions on precious metals convened by the Ministry of Commerce & Industry.
GJEPC, in coordination with AIGJC and other industry stakeholders and GJEPC members, is undertaking consultations on promoting low-caratage jewellery, revamping the Gold Monetisation Scheme (GMS) to mobilise idle household gold, encouraging exchange of old jewellery to boost recycling, and discouraging passive gold investments such as bars and coins.
The industry paper will exclude temple gold, income tax amnesty measures, and any recommendation on reducing gold import duty. It also supports wider adoption of 9K, 14K and 18K hallmarked jewellery, stronger export incentives for the gems and jewellery sector, and safeguards against smuggling.
Jewellers are expected to remain the primary implementation channel, backed by declaration, valuation and monitoring mechanisms, while measures such as hedging and price protection may be explored to address gold price volatility.
GJEPC has invited member inputs by 28 May, with the consolidated proposal slated for submission to the Government by 5 June 2026.
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
Congratulations to Hari Krishna Group on completing 34 years of excellence, innovation, and meaningful impact. Wishing the entire team continued success and many more milestones ahead! 💐✨
#hkdiamonds #harikrishnaexports #kisnadiamondjewellery #hzinternational #ojaslife
On its 34th anniversary, Hari Krishna Group hosted Master Your Health at Nehru Centre, Worli, Mumbai, where Mr. Atul Shah, Founder of Ojas Life, shared insights on holistic wellness and preventive healthcare
#harikrishnaexports #hkdiamonds #kisnadiamondjewellery #hzinternational
On its 34th anniversary, Hari Krishna Group hosted Master Your Health at Nehru Centre, Worli, Mumbai, where Mr. Atul Shah, Founder of Ojas Life, shared insights on holistic wellness and preventive healthcare
#harikrishnaexports #hkdiamonds #kisnadiamondjewellery #hzinternational
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
