Panel to help govt create domestic council for gems and jewellery

A seven member committee drawn from the domestic gems and jewellery industry and comprising various stakeholders such as jewellers, bullion dealers, refiners, etc, will provide recommendations to the government on creation of a domestic council for gems and jewellery.

The decision was taken at a meeting between commerce minister Suresh Prabhu and various stakeholders of gems and jewellery industry on Friday. Various associations, apart from All India Gems & Jewellery Domestic Council, from the industry will become members of domestic council, making it an “inclusive, democratic and self-sustainable organisation” in the words of commerce minister.

Courtesy: Economic Times/ Image: freepressjournal