Business

No impact due to jewellers’ strike, business as usual, says Govt

The Centre on Monday stated that there was ‘no impression’ as a result of strike known as “by a small part” of jewellers.

“The stated name for strike was itself based mostly on untenable grounds and an try was made to misinform fellow jewellers concerning the varied provisions of hallmarking scheme,” officers of the Shopper Affairs Ministry acknowledged.

‘In customers’ curiosity’

The Ministry reiterated that hallmarking has been carried out within the curiosity of customers in addition to companies and a couple of crore items of jewelry have already been hallmarked since July 1.

Additionally learn: Gold jewellers protest mandatory hallmarking

Officers additionally identified that business our bodies comparable to All India Jewellers and Goldsmith Federation (AJGF), Swarankaar Sabha, Gems and Jewelry Producer Affiliation Organisation (GJMA) and Sarva Swarnkaar Samaj Netrutva Vikas Sanstha have opposed the strike and have come out in assist of the HUID (Hallmarking Distinctive ID)

“A terrific many associations of jewelry enterprise have additionally voiced their concern and opposition to concept of occurring strike. As anticipated, the misguided try by these restricted set of individuals to disrupt the traditional functioning of jewelry enterprise right this moment, has failed miserably,” officers acknowledged.

The All India Gems and Jewelry Home Council (GJC) was the important thing business physique that known as for the strike in opposition to the implementation of norms of HUID (Hallmarking Distinctive ID)

https://www.thehindubusinessline.com/markets/gold/no-impact-due-to-jewellers-strike-business-as-usual-says-govt/article36066321.ece | No impression because of jewellers’ strike, enterprise as common, says Govt

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