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Showing posts with the label fundamental right of trade

Proposed Hallmarking restricts jewellery trade

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Doesn’t even give customers freedom of right to choose                                                          BIS mandatory hallmarking excludes                                        Other popular karatages used in India!   All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry, has written to the Department of Consumer Affairs under the Union Ministry of Consumer Affairs, Food & Public Distribution that in its present form, mandatory hallmarking (which is supposed to become enforced by June 2021) doesn't give consumers the freedom of right to choose and restricts their choice/jewellery trade that has a 5,000-year-old legacy in India.   The BIS (Bureau of Indian Standards), by IS 1417:2016, which approves the standards for purity and fineness of gold articles, lays down that gold articles of only 14k, 18k and 22k Karatages will be allowed in the mandatory hallmarking to become applicable in June 2021. This specif