E-commerce policy for gems, jewellery in works: GJEPC

NEW DELHI: Gems and Jeweller y Export Promotion Council (GJEPC) on Thursday said it is working with the government to formulate a comprehensive e-commerce policy for the sector players to promote exports.

GJPEC chairman Colin Shah said the council has also inked a memorandum of understanding (MoU) with eBay to reach global markets through this platform.

He expressed confidence that the policy would be ready by March or April.

The council and the government are is engaging with various stakeholders like the Post, RBI and Customs to come up with the policy and procedural facilitations for enabling domestic exporters to undertake retail B2C exports through ecommerce, he told reporters.

With the Customs, he said, "we are working for an SOP (standard operating procedure) on courier (import and export), RMS (risk management systems) based clearance and fast track systems".