Online registration, licence renewal of gold hallmarking centres launched

The online system will ensure that applications to set up a new centre or renew the existing licence can be submitted online

Gold jewellery sees lacklustre sale
Paswan further said the online system of audit will facilitate expeditious disposal of complaints regarding Malpractices in the hallmarking of jewellery items.
Press Trust of India New Delhi
2 min read Last Updated : Aug 21 2020 | 10:00 PM IST
Consumer Affairs Minister Ram Vilas Paswan on Friday launched an online system for registration and renewal of licence of gold assaying and hallmarking centres.

The online mode will bring ease of doing business for both the jewellers and entrepreneurs who have established hallmarking centres or wish to do so.

Currently, gold hallmarking is voluntary in nature. However, it will be made mandatory from June 2021. Gold sold by jewellers will need to have 'hallmark' quality certification.

Presently, there are 921 hallmarking centres located in 234 districts.

"With hallmarking of gold jewellery and artefacts becoming mandatory, the number of jewellers coming forward for registration is expected to go to 5 lakh from the present level of about 31,000," Paswan told reporters after the virtual launch.

The online system will ensure that applications to set up a new centre or renew the existing licence can be submitted online.

Entire process of recognition, which involves audit of the centres, submission of audit reports and grant of recognition or renewal, has been automated, he said.


"Not only the applicant will have all the information available with him, but it will also be possible to do real-time basis monitoring of the processing of applications," he added.

Paswan further said the online system of audit will facilitate expeditious disposal of complaints regarding Malpractices in the hallmarking of jewellery items.

The Bureau of Indian Standards (BIS) is also working on a module to automate the work-flow of the assaying and hallmarking centres, which is expected to be ready by December 20, he added.

Stating that setting up of hallmarking centres in rural areas is necessary, Paswan said it is because people in villages are unaware of "hallmarked" gold. Therefore, the focus has been on setting up at least one hallmarking centre in each district across the country, he added.

The government has launched the online system because it was not possible to handle so many proposals for registration in an efficient manner manually, he said.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :gold hallmarkingGold jewelleryRam Vilas Paswan

Next Story