Browsing: GJC

A delegation from the All India Gem and Jewellery Domestic Council (GJC) met RBI Deputy Governor Shri Shirish Chandra Murmu to present the proposed Gold Monetisation Scheme (GMS). The proposal received appreciation from the RBI team and was acknowledged as a potentially transformative initiative for the gems and jewellery sector and the nation.

GJC and GJEPC are leading industry consultations on the Gold Monetization Scheme after a Ministry of Commerce meeting on reducing the Current Account Deficit (CAD), with stakeholder suggestions invited until 30th May 2026.

GJC organised a virtual Industry Meet on 13th May 2026 with participation from over 250 jewellers and stakeholders across India to discuss the impact of the recent import duty hike on Gold, Silver & Platinum and the future outlook of the Gems & Jewellery industry.

The All India Gem and Jewellery Domestic Council (GJC) inaugurated its new office in Mumbai on 14th May 2026, with prominent dignitaries, industry stalwarts, COA members, and policymakers attending the landmark occasion.

GJC proposes a jeweller-integrated, digitally enabled Gold Monetisation Scheme in collaboration with RBI and Ministry of Finance to enhance transparency, efficiency, and gold mobilisation in India.

GJS April 2026, hosted by GJC in Mumbai, concluded on a high note with strong participation, record business momentum, and impactful industry discussions ahead of Akshay Tritiya.

GJC’s Manthan Conclave begins in Mumbai, bringing together top industry leaders and policymakers to shape Vision Blueprint 2047 and strengthen India’s global jewellery leadership.

The approval for hand-carriage of gem and jewellery goods at Ahmedabad International Airport marks a major step forward in the Government of India and GJEPC’s ongoing efforts to enhance the ease of doing business for the industry. The inclusion of Ahmedabad in the official Hand-Carriage/HBoP system—announced through DGFT Public Notice No. 33/2025–26 dated 1 December 2025—comes at a time when India is expanding its global trade partnerships through FTAs with the UAE, Australia, UK and European Free Trade Association (EFTA).

The All India Gem and Jewellery Domestic Council (GJC) today announced that it has formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state.

Under the Export Promotion Mission, the government will provide priority support to sectors impacted by recent global tariff escalations, such as textiles, leather, gems & jewellery, engineering goods, and marine products. These interventions aim to help sustain export orders, protect jobs, and support diversification into new geographies.