To address these issues, the All India Gem & Jewellery Domestic Council (GJC) has released a detailed note outlining actionable recommendations to unlock the full potential of India's gems and jewellery sector.
According to GJC, gems and jewellery sector plays a pivotal role in India's economy, contributing significantly through exports, job creation, and the preservation of cultural heritage. It is also a major job creator and stands as India's second-largest Foreign Exchange Earner (FEE). However, the industry faces numerous challenges, including complex taxation, stringent compliance requirements, and limited access to finance.
This story is from the January 09, 2025 edition of The Free Press Journal - Bhopal.
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This story is from the January 09, 2025 edition of The Free Press Journal - Bhopal.
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