Posts

Maharashtra Gems and Jewellery Policy 2025: Transforming India's Diamond and Jewellery Hub

 Maharashtra's Ambitious Blueprint to Become a Global Gems & Jewellery Powerhouse The Maharashtra Gems and Jewellery Policy 2025 , announced on November 12, 2025, represents a transformative initiative to position the state as a world-class hub for gems and jewellery manufacturing, innovation, and exports. Key Highlights: Vision & Scale: Target investment: ₹1,00,000 crore over the policy period Job creation: 5 lakh new employment opportunities Goal: Double the sector's exports and strengthen Maharashtra's position as India's leading gems & jewellery export center Major Infrastructure Projects: India Jewellery Park Mumbai (IJPM), Navi Mumbai 21-acre integrated facility with customs office, treatment plants, and vaulting systems Expected to create 1 lakh+ jobs Estimated investment: ₹50,000 crore Bharat Diamond Bourse (BDB) World's largest diamond trading hub (20 acres, 2 million sq. ft.) Employs 60,000+ people Handles 20,000 Kimberl...

Government Amends Import Policy for Unstuded Platinum Jewellery (ITC HS 71131921) — Imports Shifted from “Free” to “Restricted” Until April 2026

 The document is an official notification issued by the Government of India, Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade (DGFT) . It is titled Notification No. 48/2025-26 , dated 17th November 2025 , and it announces an amendment to the Import Policy for a specific item classified under ITC HS Code 71131921 in Chapter 71 of the ITC (HS) 2022, Schedule I (Import Policy). The amendment has been made under the powers granted by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 , in conjunction with relevant paragraphs of the Foreign Trade Policy (FTP) 2023 . The Central Government states that this particular policy change takes immediate effect and will remain valid till 30 April 2026 . The document presents a table summarizing the affected category: Chapter 71 covers “Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metals.” Subheading 711319 ...

Digital Gold Cos Seek Regulation, Legitimacy

 The article reports that digital gold companies in India are seeking formal regulation from the Securities and Exchange Board of India (SEBI) or another designated authority. The India Bullion & Jewellers Association (IBJA) has written to SEBI, urging it to bring digital gold providers under a regulatory framework to increase consumer trust —especially after SEBI recently warned that digital gold platforms currently operate outside its jurisdiction. Digital gold has become popular among younger investors due to features like instant liquidity and zero locker costs, but industry players fear that the lack of oversight may expose customers to fraud. Several digital gold providers say they welcome regulation , arguing that it will reassure customers that their gold is securely stored and can be liquidated on demand. The piece notes strong growth in digital gold purchases—especially during festivals—citing SafeGold’s transaction increase from ₹800 crore to ₹1,950 crore year-...

Maharashtra Gems and Jewellery Policy 2025

 Maharashtra Gems and Jewellery Policy 2025 Complete Summary & Key Highlights 📊 Policy Overview Effective Period: 5 years (2025-2030) or until new policy announcement Total Estimated Budget: ₹13,835 Crore Policy Period (2025-30): ₹1,651 Crore Next 20 years (2031-50): ₹12,184 Crore Initial Budget Allocation: ₹100 Crore for FY 2025-26 🎯 Core Objectives Investment & Employment Target Investment: ₹1,00,000 Crore Job Creation: 5,00,000 new positions Export Growth: Double current exports Formalization: Transform informal businesses into recognized enterprises Vision Position Maharashtra as a global hub for gems and jewellery by: Integrating traditional craftsmanship with advanced technology Promoting innovation, sustainability, and inclusivity Building future-ready ecosystem 🏗️ Infrastructure Development Initiatives 1. India Jewellery Park Mumbai (IJPM), Navi Mumbai Area: 21 acres in Mahape Industrial Area Expected Investment: ₹50,000 ...

What are the top 10 predictions for Gold and Silver for 2026 ?

  Top 10 Predictions for Gold and Silver in 2026 The precious metals market, particularly gold and silver, is a subject of intense analysis and speculation. With unpredictable global events, economic shifts, and technological advancements, predicting their prices for the year 2026 is a complex but essential exercise for investors, traders, and enthusiasts. Below are the top 10 predictions for gold and silver for 2026, which encompass macroeconomic factors, technological developments, and geopolitical influences. 1. Bullish Price Trends for Both Gold and Silver By 2026, both gold and silver are expected to experience sustained upward trends in price, largely due to continued inflationary pressures and rising economic uncertainty. Investors will increasingly flock to precious metals as a hedge against inflation, economic instability, and currency devaluation. The potential for a new wave of global inflation may push gold past the $2,500 per ounce mark, while silver could rise to ...

Reserve Bank of India (Lending Against Gold and Silver Collateral)

  RBI Updates Rules on Lending Against Gold and Silver (September 29, 2025) The Reserve Bank of India (RBI) has issued its first amendment to the Lending Against Gold and Silver Collateral Directions, 2025 . These updates are designed to bring more clarity and discipline to how banks and financial institutions handle loans secured by gold and silver. Key Highlights: No Loans for Buying Gold as Investment Banks and lenders are prohibited from granting loans for the purchase of gold in any form—whether raw gold, ornaments, jewellery, coins, or even financial products like Gold ETFs and Mutual Funds backed by gold. Restrictions on Lending Against Gold & Silver Advances cannot be given against primary gold or silver or financial assets linked to them. Exception for Industrial Use Scheduled Commercial Banks and Tier 3 & 4 Urban Cooperative Banks (UCBs) may provide need-based working capital loans to businesses that use gold or silver as raw material i...

What are the restrictions of Gold Import and Silver Import as of Sep 2025 in India ?

 Detailed Version – Gold & Silver Import Restrictions in India (as of Sep 2025) India’s policy on importing precious metals such as gold and silver has undergone significant tightening in recent years, especially to curb misuse of trade agreements, disguised imports, and smuggling. Below is a breakdown of the restrictions, their rationale, and their current status. A. Gold Import Restrictions 1. Change in import categorisation & licensing Unwrought or semi-manufactured gold (with purity ≥ 99.5 %) has been moved from a “Free” import status to “Restricted.” Only certain nominated or authorized entities may import.  The relevant HS (Harmonized System) codes for non‑monetary gold (e.g. 71081210, 71081310) have been revised or reclassified to allow control. The government allows only certain parties — such as RBI‑nominated banks , DGFT‑nominated agencies , or qualified jewellers (particularly those recognized by the IFSCA) — to import this gold. These must typ...