National gold policy for India soon
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Saturday,December 02 2017 [ Issue 1 December/ 2017 ]
National gold policy for India soon
The Indian government is planning to formulate a National Gold Policy, which will boost India’s jewellery exports. The gems and jewellery exporters fear that the country’s exports may stagnate at US$43 billion if the government doesn’t intervene.

India's gold imports are expected to rise to over 700 tonnes in the current fiscal as against 500 tonnes in 2016-17, said GJEPC. As compared to India’s total import of gold, only about 10 per cent is exported. In order to increase the export numbers and to take the sector to next level of growth, gold policy needs a review. The Centre's policy think-tank Niti Aayog has already set up a group to formulate such a policy framework. The policy is expected to address issues including standardisation, imports, exchange mechanism for gold and refineries, etc.

During the two-day India Gold and Jewellery Summit held in New Delhi, the policy makers have assured the government’s support to the industry for structural policy reforms in the sector.

 
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Highlights

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GIA (Gemological Institute of America), the world’s foremost authority in gemology, will offer its internationally-recognised Graduate Diamonds Diploma program in Surat on December 7, 2017. The eight-week programme gives students the technic read more ...

 

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Fine jewellery label, Ghanasingh Be True presents a striking collection of couture cocktail jewellery pieces this winter. From heirloom to haute couture, Ghanasingh BE TRUE is making its mark into the hearts of all, as they unveil yet another fabu read more ...

 
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Encouraged by the rise in demand from Asian markets and success at previous shows in the region, the Israeli Diamond Industry is looking forward to a positive experience at the Hong Kong International Jewelry Manufacturers’ Show, being held  read more ...

 

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GIA (Gemological Institute of America) invites qualified candidates to apply for the Richard T. Liddicoat Postdoctoral Research Fellowships at its Carlsbad, California and New York City locations. The one-to-two year fellowships encourage early-ca read more ...

 

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With 2017 coming to an end and the advent of the wedding season, PNG Jewellers is here to give you a chance to celebrate it with oomph. The brand has returned to captivate you with a mind blowing offer on their diamond jewellery products.

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Gemmological Institute of India, (GII) Mumbai and National Gem Testing Center (NGTC), China, two leading and oldest institutes working in Research and Development in Gemmology, Gem and diamond testing have entered a historical agreement for develo read more ...

 
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