Reconsider the demand for a strike on August 23, when mandated gold h…

The All India Gem and Jewellery Domestic Council has called a nationwide token strike on August 23. Mandatory gold hallmarking of gold jewellery has come into force from June 16 in a phased manner. The government has identified 256 districts from 28 states and union territories for the phase-1 implementation

NEW DELHI: Claiming that mandatory marking of gold jewelry within 50 days of implementation has been a huge success, the government on Saturday urged jewelry company GJC to reconsider its decision The All India Gem and the Jewelery Domestic Council (GJC) called a symbolic nationwide strike on August 23 against the governments arbitrary exercise of Mandatory marking of gold jewelry with a HUID (unique identifier of the punch).

Mandatory gold stamping takes effect from June 16 in a progressive manner.

The government has identified 256 counties in 28 states and union territories to implement phase-1. The mark of gold, a certification of the purity of precious metals, is voluntary in nature in advance. June 16. I heard that some associations have called for a strike. Whats the point of the strike... The government is listening to all the questions from the stakeholders.

Bureau of Indian Standards (BIS) director general Pramod Kumar Tiwari said in a virtual press conference that the idea of a strike is unreasonable. During a recent meeting on August 19 with industry stakeholders, Tiwari said many jewelry associations had opposed the strike and said they were in favor of the new HUID system because it had become a trademark. brand for small and medium jewelry enterprises in the country.

If some people (jewelers) have problems, then there is no basis for it. Those who are thinking of the strike, I want to urge them not to have a more sensitive and responsive government than the current one, he said. Tiwari has called on jewelry agency GJC to reconsider its decision and withdraw its strike call. We will talk to you regularly. HUID is in the best interests of the country and the consumer.

This is a big move, he said, adding that the government is always ready to address the concerns of jewelers. Sharing the progress made in the implementation of the first phase of mandatory gold marking, Tiwari said: It is a great success. We couldnt have imagined a better result. In 50 days of manufacture, more than one piece of tableware was marked. He also ruled out extending the duration of the new initiative.

The country is not fortunate enough to score more than 10 crores per year. With this speed, we will be able to mark all the jewels. No question about the extension.

What does he need The number of jewelers registering the gold sign rose to 91,603, from 35,000 when the mandatory sign went into effect, he said. When HUIDs were deployed, 1.17 crores of jewelry were received between July 1 and August 20 at the analysis centers. In it, more than 1 crore coin is marked with HUID. Even so, the number of pieces sent in for inspection and punching went from 5,135 pieces in the first half of July to 14,349 pieces in the first half of August, he said. Concerned that the delay in gold stamping will affect the operation of jewelers during the festive and wedding season, the head of BIS said: When a new system is implemented, initially We encountered a problem.

And these are being resolved gradually. As a result, the number of marked jewelry has increased from 14.28 lakhs on July 1-15 to 41.81 lakhs on August 1-15 this year. On August 20, 3,900,000 pieces were marked in a single day, he said. Tiwari adds that the World Gold Council and other similar associations have estimated that the marking requirement is only for 10-12 pieces of tableware per year, even though mandatory marking signs are implemented nationwide. . When we mark at this speed, we will be able to mark more than one piece of dishes per year.

We have enough capacity and speed to meet the countrys needs, he said. According to him, given the fear of some jewelers about the lack of capacity of inspection centers, an 8-hour shift inspection center can mark 500 pieces. There are about 860 of them. About 161 of the 860 testing centers have more than 500 jewels per day. Many capacities are underutilized. He noted that the concerns raised about marking capacity and speed are not based on facts. Tiwari says the government has responded to all real concerns from jewelers.

Even small jewelers who asked to mark mixtures of jewelry of the same purity were accepted. He said: An announcement on this will be made soon. When asked if action will be taken against jewelers for violating the mandatory gold mark, the official said the government has assured the industry that the first 2-3 months of implementation will take place. would focus on detention and awareness.

It will remain unattended until August 30. The BIS still upholds that decision, he said. However, action against fake punch centers continues. In Delhi and southern India, action was taken against 10-12 dosing centers and fake punch centers, he added. Tiwari also explained that uploading HUIDs to the BIS portal should now only be done at quantification centers. Consumers personal data will be protected. To implement phase two, he said, a recommendation from the committee has been sent to the ministry for approval.