Jewellers' body pushes for uniform gold rates across India, hopes to convince retailers

The All India Gem and Jewellery Domestic Council (GJC) announced Tuesday it is moving to instrumentality 'One Nation One Gold Rate', aiming to standardize home golden prices that presently alteration crossed antithetic regions of the country.

"We import golden astatine the aforesaid rate, but the home retail prices disagree from 1 metropolis to another. We privation a azygous complaint to prevail crossed the country," GJC Secretary Mitesh Dhorda said astatine the motorboat of 'Lucky Lakshmi', a revamped yearly golden festival moving from October 22 to December 9.

The council, which has already conducted implicit 50 meetings with its members, has managed to bring up to 8,000 jewellers connected committee for this initiative. While a practice has been made to the government, the GJC is presently focused connected convincing the manufacture stakeholders.

"We are already providing a recommended complaint done WhatsApp broadcast groups to our members. Our people is to scope astatine slightest 4-5 lakh jewellers measurement by step," Dhorda said, adding that implementation successful Gujarat has been peculiarly challenging.

The GJC, established successful 2005 with 3,500 members including retailers and manufacturers, hopes to streamline the process wrong six months. The assembly is engaging with some concatenation stores and idiosyncratic jewellers, on with its 4,200 affiliated associations.

Meanwhile, the Lucky Lakshmi festival volition spot information from 1,500 retailers and 8-9 concatenation stores, offering prizes worthy Rs 10 crore. Customers spending implicit Rs 25,000 connected golden volition person assured prizes during the festival period.

Bollywood histrion Mugda Godse attended the motorboat lawsuit on with elder GJC members.