Center decides! Now the time for making mandatory compulsory hallmarking will not increase further

Today in Rajasthan, a strong surge has been seen in the prices of gold and silver.

Today in Rajasthan, a strong surge has been seen in the prices of gold and silver.

The central government has made it clear that from 1 June 2021, gold hallmarking will become mandatory in the country. After this, only 14, 18 and 22 carat gold jewelery will be sold.

New Delhi. Only Hallmark Gold Jewelery will be sold soon in jewelery markets across the country. Actually, the central government has made it clear that from 1 June 2021, gold hallmarking will be made mandatory (Mandatory Gold Hallmarking). Till now it was voluntary, but now it is being made mandatory. Explain that hallmark is the measure of purity of gold. The Center has also made it clear that only 14, 18 and 22 carat gold jewelery will be sold in the country after Hallmark is mandatory.

Now customers will be able to get pure gold jewelery
The central government had announced in November 2019 that hallmarking for gold jewelery and artifacts would become mandatory from 15 January 2021. However, in view of the corona virus epidemic, the time to implement it was extended to 1 June 2021. The central government has made it clear that now it will not be taken forward. The center has given jewelers more than 1.5 years to prepare for gold hallmarking and register themselves with the Bureau of Indian Standards (BIS). Gold Hallmarking will leave no scope for fraud in the purchase of gold jewelery and people will be able to get pure gold.

read this also- Barclays Report! If the lockdown is felt then the Indian economy will lose $ 1.25 billion every week.BIS ready to make hallmarking mandatory

Consumer Affairs Secretary Leena Nandan said that BIS is busy in approving hallmarking for jewelers. At the same time, BIS director Pramod Kumar Tiwari said that we are ready to make hallmarking mandatory from 1 June 2021. We have not received any proposal to extend this date. Please tell that till now more than 35 thousand jewelers of the country have registered with BIS. The director of BIS has expressed the hope that in the next one or two months the registration figure will reach 1 lakh. India is the largest gold importing country in the world. The country annually imports 700 to 800 tonnes of gold.




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