{"id":36510,"date":"2026-05-25T15:27:04","date_gmt":"2026-05-25T09:57:04","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=36510"},"modified":"2026-05-25T15:27:04","modified_gmt":"2026-05-25T09:57:04","slug":"gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/","title":{"rendered":"GJEPC Calls for Suggestions from Industry on Proposed Gold Reform Measures"},"content":{"rendered":"<p>GJEPC is leading industry consultations to formulate a proposal on gold monetisation and measures to reduce India\u2019s Current Account Deficit (CAD), following initial discussions on precious metals convened by the Ministry of Commerce &amp; Industry.<\/p>\n<p>GJEPC, in coordination with AIGJC and other industry stakeholders and GJEPC members, is undertaking consultations on promoting low-caratage jewellery, revamping the Gold Monetisation Scheme (GMS) to mobilise idle household gold, encouraging exchange of old jewellery to boost recycling, and discouraging passive gold investments such as bars and coins.<\/p>\n<p>The industry paper will exclude temple gold, income tax amnesty measures, and any recommendation on reducing gold import duty. It also supports wider adoption of 9K, 14K and 18K hallmarked jewellery, stronger export incentives for the gems and jewellery sector, and safeguards against smuggling.<\/p>\n<p>Jewellers are expected to remain the primary implementation channel, backed by declaration, valuation and monitoring mechanisms, while measures such as hedging and price protection may be explored to address gold price volatility.<\/p>\n<p>GJEPC has invited member inputs by 28 May, with the consolidated proposal slated for submission to the Government by 5 June 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GJEPC is leading industry consultations to formulate a proposal on gold monetisation and measures to reduce India\u2019s Current Account Deficit (CAD), following initial discussions on precious metals convened by the Ministry of Commerce &amp; Industry. GJEPC, in coordination with AIGJC and other industry stakeholders and GJEPC members, is undertaking consultations on promoting low-caratage jewellery, revamping&hellip;<\/p>\n","protected":false},"author":1,"featured_media":36511,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-36510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GJEPC Calls for Suggestions from Industry on Proposed Gold Reform Measures - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GJEPC Calls for Suggestions from Industry on Proposed Gold Reform Measures - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"GJEPC is leading industry consultations to formulate a proposal on gold monetisation and measures to reduce India\u2019s Current Account Deficit (CAD), following initial discussions on precious metals convened by the Ministry of Commerce &amp; Industry. GJEPC, in coordination with AIGJC and other industry stakeholders and GJEPC members, is undertaking consultations on promoting low-caratage jewellery, revamping&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-25T09:57:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2026\/05\/CAD.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2026\/05\/CAD.jpg\",\"width\":1000,\"height\":600},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/\",\"name\":\"GJEPC Calls for Suggestions from Industry on Proposed Gold Reform Measures - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/#primaryimage\"},\"datePublished\":\"2026-05-25T09:57:04+00:00\",\"dateModified\":\"2026-05-25T09:57:04+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/gjepc-calls-for-suggestions-from-industry-on-proposed-gold-reform-measures\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/36510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=36510"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/36510\/revisions"}],"predecessor-version":[{"id":36512,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/36510\/revisions\/36512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/36511"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=36510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=36510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=36510"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=36510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}