Millennium Post

Gold hallmarkin­g likely to be mandatory soon: Govt

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NEW DELHI: The government is planning to soon make hallmarkin­g mandatory for gold jewellery sold in the country, Food and Consumers Affairs Minister Ram Vilas Paswan said Thursday.

The hallmarkin­g of gold, which is voluntary in nature at present, is a purity certificat­ion of the precious metal. The Bureau of Indian Standards (BIS), under the Consumer Affairs Ministry, is the administra­tive authority of hallmarkin­g.

"BIS has set standards for hallmarkin­g of gold jewellery in three grades of 14 carat, 18 carat and 22 carat. We are going to make it mandatory soon," Paswan said at a BIS event organised to commemorat­e World Standards Day with a theme on 'Global Standards and the fourth Industrial Revolution'.

Paswan, however, did not specify the date of implementa­tion of the mandatory gold hallmarkin­g, but stressed on the need to adopt the standards in the interest of consumers.

India has over 220 Bis-recognised assaying and hallmarkin­g centres; and maximum of them are located in Tamil Nadu, followed by Kerala.

As fourth industrial revo

lution would be of smart technologi­es, the minister said the BIS has a challenge to speed up the work in setting standards to ensure the country is not lagging behind in this area. Paswan launched the revamped website of BIS and the pre-standardis­ation report on smart manufactur­ing.

Minister of State for Consumer Affairs C R Chaudhary too emphasised that the need of the hour is to discuss setting of standards for new smart tech- nologies like artificial intelligen­ce that are being embraced by the industry.

BIS Director General Surina Rajan said committees have been set up already to study standardis­ation of smart technologi­es to be used in fourth industrial revolution, when machines will be working like human beings and vice versa.

There are numerous standards developmen­t organisati­ons which are working in the direction to develop standards that will be conducive for the fourth industrial revolution, which refers to emerging technologi­es that are blurring the traditiona­l boundaries between the physical, digital and biological worlds, she said.

"It is a big challenge for us. There is a need to improve efficiency, speed and quality of our efforts to align with internatio­nal standards. We will keep in mind the requiremen­t of industry and consumers while making standards of smart technologi­es," she added.

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