The Centre has decided to set up a Domestic Council for Gold to aid exports of jewelry and to create an ecosystem to harness the true potential for jewelry-making in the country.
The council will represent all the jewelers of India who will be the electoral college. They will form different interest groups and elect those who will sit in the council.
The council would work towards:
- Industry development.
- Job creation.
- The building of regional clusters.
- Strengthening of value chains.
The significance of the Gold Council:
It will help in creating an ecosystem to harness the true potential for jewelry-making in the country.