GJEPC stages proposals for budget 2021 to FM
FM & GJEPC strives to edge up GJ exports! In an online meeting convened by Hon’ble Finance Minister Smt. Nirmala Sitharaman for union budget recommendations, GJEPC represented the budget recommendations for the gem and jewellery sector for union budget 2021. Thanking the Government for its constant support to the industry received during the pandemic and over the years to make the industry one of the renowned players in the global gem and jewellery (GJ) industry, Colin Shah, Chairman, GJEPC said, “India is known for its Gems and jewellery and is respected across the world for its skill and craftsmanship . Today, India is the 5th largest exporter of gem and jewellery and it has a huge potential to scale to new heights with the continued support from the Government to make the industry more competitive and generate more jobs in the sector, we urge the Government to take few immediate measures.” Over the last few years, the import duty of cut and polished diamonds which has i