Showing posts with the label GJF

All India Gems & Jewellery Trade Federation Announces names of its Committee of Administration for the term 2015 – 2017

Mumbai,June 5, 2015: The All India Gems and Jewellery Trade Federation (GJF) announced names of members of its Committee of Administration (COA) for the term 2015 – 2017. The COA for the term comprises a 24 Member team who are industry stalwarts, having been a part of the gem and jewellery industry for several decades.
Speaking on the formation of the new COA, Chairman, Mr. Manish Jain said, “GJF today has a very crucial role to play within the industry. Having completed a decade of formation, GJF has been actively involved with various industry related issues, constantly promoting the growth for this industry sector. I welcome the new COA members who are industry veterans and bring with them a wealth of experience and skills that would add immense value to our initiatives and programmes. Moreover, I am grateful for their willingness to dedicate their time and efforts and share our collective vision to work towards the progress of this industry”
The COA comprises members who are respe…

Mr. Manish Jain is the new Chairman of All India Gems & Jewellery Trade Federation (GJF)

Mr. Manish Jain, a veteran of gems & jewellery industry, has been unanimously appointed as the Chairman of the All India Gems & Jewellery Trade Federation (GJF) for the year 2015-17. Mr. Jain is the founding member of GJF, the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) sector across India.
Mr. Jain, the son of a freedom fighter Mr. Ishwarlal Shankarlal Jain, is the Managing Director of Rajmal Lakhichand Group, a 161-year gold jewellery firm, which has been established since 1854 in Jalgaon, Maharashtra. He is also a philanthropist & social worker addressing various causes.
Welcoming Mr. Jain’s appointment as Chairman, GJF’s outgoing Chairman Mr. Haresh Soni said, “It is my honour and privilege to welcome Mr. Manish Jain to head our prestigious institution, GJF, which has a legacy of promoting the interest of the gems & jewellery trade. Considering the challenges faced by the sector, I strongly believe that Mr. Jain’s …

GJF hails Union Budget and gold related initiatives,seeks more support for Make in India related gems & jewellery initiatives

Urges Govt. to reduce gold import duties to curb black money economyGST regime welcomed but high service taxes, cess will negatively impact jewellery salesFine print awaited; implementation holds the key to gold monetisation schemeUrges Govt. to allow only jewellers; not banks to be allowed to sell Ashoka Chakra gold coins or as investment proposition to consumers to prevent rise in CADMore Make in India measures needed for manufacturing & jewellery hub
Mumbai, March 3, 2015: The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, has hailed the Union Budget FY2016 presented by Finance Minister Shri Arun Jaitley as progressive growth oriented long term economic blueprint. GJF praised the ‘change in attitude’ of the new Government which has progressively stimulated several positive changes in policy such as abolition of 80:20 Rule;…

All India Gems & Jewellery Trade Federation welcomes Govt’s move to abolish 80:20 Rule; seeks duty cut to curb smuggling

GJF urges Prime Minister to include gems & jewellery in ‘Make in India’ initiative GJF also proposes unlocking of idle gold in households & trusts to reduce CAD GJF seeks nodal Ministry for representing the domestic gems & jewellery sector
December 1, 2014: All India Gems and Jewellery Federation (GJF), the national nodal and the largest single trade body in India for the promotion and growth of trade in gems and jewellery across India, has welcomed the Government’s move to abolish the 80:20 Rule for gold imports and expressed its gratitude to Prime Minister Shri Narendra Modi, Union Finance Minister Shri Arun Jaitley, Smt. Nirmala Sitharaman (Union Minister of State for Commerce & Industry) and all bureaucrats from the relevant ministries and Reserve Bank of India. The move to abolish 80:20 Rule comes close on the heels of GJF’s letter to Prime Minister Shri Modi last week and persistent efforts with key policy makers for more than 12 months. It also comes as a relief t…