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Despite facing teething issues, gold hallmarking set to benefit all stakeholders

Despite facing teething issues, gold hallmarking set to benefit all stakeholders
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gold jewellery: 400 new gold jewellery hallmarking centres to come up by end of next month

Synopsis
“The government has said that hallmarking will become mandatory from June 1. So, we too, are coming up with an adequate number of hallmarking centres to support the industry,” said Uday Shinde, president, Indian Association of Hallmarking Centres. “A standard hallmarking centre requires Rs 70- Rs 80 lakh to be set up.”
While the hallmarking industry is increasing the number of centres, BIS also plans to launch a nine-digit alphanumeric unique identity number (UIN) for each piece of jewellery.
About 400 new gold jewellery hallmarking centres are coming up by the end of next month to speed up the process of stamping the bullion so that jewellery buyers get the desired level of purity. ....

Vaibhav Saraf , Surendra Mehta , Uday Shinde , India Bullion Jewellers Association , Indian Association Of Hallmarking Centres , Bureau Of Indian Standards , Indian Standards , Indian Association , India Bullion , Jewellers Association , Aisshpra Gems , Gold Jewellery , India Bullion Amp Jewellers Association , வைபவ் சராஃப் , சூரென்ற மேத்தா , ஊடாய் ஷிந்டே , இந்தியா பொன் நகைக்கடைக்காரர்கள் சங்கம் , இந்தியன் சங்கம் ஆஃப் ஹால்மார்க்கிங் மையங்கள் , பணியகம் ஆஃப் இந்தியன் தரநிலைகள் , இந்தியன் தரநிலைகள் , இந்தியன் சங்கம் , இந்தியா பொன் , நகைக்கடைக்காரர்கள் சங்கம் , ஐஸிஸ்ப்ர கேம்ஸ் , தங்கம் அணிகலன்கள் , இந்தியா பொன் ஆம்ப் நகைக்கடைக்காரர்கள் சங்கம் ,

Only 10% Jewellers Opt For Certification, Finding Hallmarked Gold Jewellery For Weddings Gets Difficult: Report

Only 10% jewellers opt for certification, finding hallmarked gold jewellery for weddings gets difficult: Report
The number has stayed low even though the Centre extended the deadline for hallmarking from June 1, 2020 to January 15, 2021.
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Only 30,000 jewellers of 300,000 jewellers in the country have opted for hallmark gold, which will likely make gold ornaments and jewellery scarce for families ahead of the summer wedding season.
The low number comes even after the Centre extended the deadline from June 1, 2020 to January 15, 2021, The Economic Times reported.
The weddings planned for this year have risen after a host of ceremonies were cancelled last year due to the coronavirus pandemic and lockdowns April, May and June are especially popular, with May alone having 15 “auspicious days” for weddings, it report said. ....

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Only 10% of Indian jewellers opt for hallmarked gold ahead of wedding season

Only 10% of Indian jewellers opt for hallmarked gold ahead of wedding season
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Synopsis
If hallmarking is not done by the deadline, jewellers will not be able to continue their business. Small jewellers in tier 2 and tier 3 cities and in rural areas are particularly vulnerable while large organised retail chains stand to gain.
Kolkata: Barely 10% of about 300,000 jewellers in the country have opted for hallmarked gold, for which the government has extended the deadline to June 1 from January 15. As a result, many families may not be able to buy hallmarked jewellery in the wedding season.
This year, April, May and June have the highest number of marriage dates, with May alone having 15 auspicious days for wedding. Many marriages that were postponed last year due to the pandemic have been rescheduled to this year. ....

West Bengal , Harshad Ajmera , India Gem Jewellery Domestic Council , Indian Association Of Hallmarking Centres , Bureau Of Indian Standards , Ashish Pethe , All India Gem , Jewellery Domestic , Indian Standards , Indian Association , Malabar Gold , Mandatory Hallmarking , Malabar Gold Amp Diamonds , Hallmarked Jewellery , மேற்கு பெங்கல் , ஹர்ஷாத் அஜ்மேற , இந்தியா கேம் அணிகலன்கள் உள்நாட்டு சபை , இந்தியன் சங்கம் ஆஃப் ஹால்மார்க்கிங் மையங்கள் , பணியகம் ஆஃப் இந்தியன் தரநிலைகள் , ஆஷிஷ் பேததே , அனைத்தும் இந்தியா கேம் , அணிகலன்கள் உள்நாட்டு , இந்தியன் தரநிலைகள் , இந்தியன் சங்கம் , மலபார் தங்கம் , கட்டாயமாகும் ஹால்மார்க்கிங் ,