Kalyan Jewellers to support Housing For All Scheme

Kalyan Jewellers today said it will invest Rs 20 crore to develop 1,000 homes for underprivileged as part of its effort to support the Centre's Housing For All programme.
The company's CMD TS Kalyanaraman met Prime Minister Narendra Modi here and shared its endeavour to support housing for the underprivileged as part of Corporate Social Responsibility.
Pledging its support for the government's Housing for All Mission 2022 programme, the company said in a statement that it will "develop 1,000 houses in the initial phase and has earmarked Rs 20 crore towards this effort".
Kalyanaraman also shared the housing initiatives for weaker sections being undertaken by the company in Thrissur where it is developing 100 houses as part of an initiative of the state government.

Gujarat, Punjab, Telangana and Andhra Pradesh are among the states identified for developing the initiative.
Kalyan Jewellers said it would continue to augment efforts and build several hundred houses in the future.

Headquartered in Thrissur, Kerala, the company has 86 showrooms across India and West Asia.
Kalyanaraman also made a submission to the Prime Minister on some of the industry issues.
He demanded that the BIS Hallmarking in jewellery retailing should be made compulsory to ensure stringent compliance to quality.
On GST, Kalyanaraman said the industry supports and eagerly awaits the implementation of GST as it would be a game changer for the Gems and Jewellery sector.

"Kalyan Jewellers however recommended that the State GST at the retail level should not be more than the current rates which is 1 per cent," the statement said.