In an effort to enlighten gems and jewellery member exporters about the recently launched upgraded electronic Bank Realisation Certificate (eBRC) system, GJEPC hosted an informative webinar on 23rd February, 2024. Key speakers at the webinar included Shri Md. Moin Afaque, Deputy Director, DGFT, and Shri Arjun Upadhya S. Deputy Director, DGFT, New Delhi.
Mr. K.K. Duggal, Director – National Policy, highlighted the evolution of the eBRC system, which was first digitized in 2012 and recently allowed for self-generation by exporters in November 2023, reducing overall business costs. The guest speakers informed that the new eBRC system is a significant stride towards ease of doing business and builds trust in exporters’ compliance with guidelines and rules.
The webinar featured a detailed presentation by a DGFT official, covering salient features of the new eBRC system. A live demonstration illustrated the simplicity of self-generating eBRC from the DGFT portal. Currently, 46 banks are onboarded, with 700 eBRCs generated. The panellists addressed more than 45 queries from the 120 participating members, concluding the webinar with a vote of thanks from Mr. KK Duggal, who expressed gratitude to all participants for their engagement.