Govt may make gold jewellery hallmarking mandatory by Jan

Food and Consumers Affairs Minister Ram Vilas Paswan said BIS mark is used on some jewellery but that is not sufficient.

Update: 2017-11-03 10:28 GMT
Gold prices fell by Rs 250 to Rs 30,750 per 10 grams in special Diwali Muhurat' trading at the bullion market Thursday despite some token buying by jewellers.

New Delhi: The government is planning to make hallmarking along with carat count mandatory for the gold jewellery sold in the country, Food and Consumers Affairs Minister Ram Vilas Paswan said on Friday.

"At present people don't get to know quality of gold jewellery that they buy. We are planning to make hallmark for gold jewellery mandatory. It should be done by January," Paswan told reporters at an event organised by Bureau of Indian Standards (BIS).

He said BIS mark is used on some jewellery but that does not sufficiently convey quality of jewellery to consumers.

Under the proposed rules hallmark will also mention the carat of gold used the jewellery, Paswan said. "It will be done for jewellery in three categories -- 14 carat, 18 carat and 22 carat," he said.  

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