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BIS Issues 9,005 Licenses for Hallmarking of Gold Jewelry
Jan 23, 2012 7:09 AM
By Dilipp S Nag
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RAPAPORT... The Bureau of Indian Standards (BIS) has issued 9,005 licenses through December 31, 2011, for the hallmarking of gold jewelry. BIS is encouraging a hallmarking scheme for gold jewelry to ensure quality products for the consumers.
The hallmarking of gold jewelry is a purity certification and the BIS, under the Consumer Affairs Ministry, is the administrative authority for the scheme. It has recognized more than 170 hallmarking centers in the country to provide services for small jewelers. It has also issued 528 licenses for hallmarking of silver jewelry.
Earlier this month, India approved making hallmarking of gold jewelry mandatory to protect consumers from unscrupulous jewelers.
The cabinet, headed by Prime Minister, Manmohan Singh, cleared the proposal by approving amendments to the Bureau of Indian Standards (BIS) Act, 1986, that aims to expand the reach of mandatory hallmarking to include more products, including gold.
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Tags:
BIS, Dilipp S Nag, gold, hallmarking, India, jewellery, Jewelry, Rapaport News, silver
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