Union Budget 2016: A big disappointment for the gems and jewellery industry

As the hon’ble FM’s speech for the Union Budget 2016-17 progressed, one hoped for positive changes for one of the leading foreign exchange earners for the country i.e. gems and jewellery industry. However, the industry was ignored yet again. The sector contributes around 6-7 per cent to the country’s GDP.The government has imposed an excise … Read more Union Budget 2016: A big disappointment for the gems and jewellery industry

Is the jewellers’ unity falling apart?

Post 19th March 2016, the entire jewellery industry is clearly divided into two parts – one who supports GJF/GJEPC/IBJA decision to call off the strike and other brigade who clearly not in the mood to relent and continue to strike, as of today. At present, North and West India have continued with their protest against … Read more Is the jewellers’ unity falling apart?