Hallmarking and Jewellers
BIS marked jewellery is good for the consumer. It brings granular, product responsibility to every jewel.
Traceability and product liability was virtually non existent till now.
Jewellers need to be fair, transparent and accountable from now.
The consumer has reason to smile.
If they want to stay on strike for 3 months, its ok. more
Hallmarking of gold ornaments compulsorily has reasons for the consumers to smile as far as standard of the metal they are paying for. I'm not sure whether the law compel all jwellers to accept hallmarked jwellery purchased from other shops/manufacturers for the same standards indicated therein, if approached by any customer for selling. In its absence, I doubt whether this will benefit the consumers at all. Further, on introduction of the system, the jwellers have increased their manufacturing charges (labour charges) by 100% and for an ornament weighing 10 grames, one has to pay minimum Rs.7500.00 as making charges. more
Fully Agree - jewellers have been selling 18 - 20 carat gold as 22 carat gold for ages - that's why we're forced to go be back to the selling jeweler for re-sale / replacement with new designs. The most profitable and fraudulent part of their business has now disappeared ... They may as well be on strike for their lifetime !!! more
The hallmarking in gold jewellery is good from consumer's point of view. The cost of gold ornaments have increased manifold during last decade and giving some protection to consumer is a good move. more
Good law or rule. Since it is favorable to the consumers the jewelers are opposing it. Hope the govt does not bow down and relax the rules more
It is the bi product of democracy. No body wants to obey the law/change effected by the Govt. in the interest of consumers/nation - be it employees, farmers or jewellers/traders/borrowers/encroachers. Every body wants to work whimsically. The bigger the vote bank, much bigger the nuisance. more