The India Bullion and Jewellers Association (IBJA) said that it is highly doubtful about jewellers achieving 100% gold hallmarking before the deadline set by the government. The deadline for mandatory hallmarking was recently extended from 1st June, 2020 to 15th January, 2021, on account of Covid-19 pandemic. According to IBJA, only around 10% of the jewellers in the country are certified under the Bureau of International Standards (BIS) to sell hallmarked jewellery. As per estimates, the number of hallmarked jewellers comes to only around 30,000 out of the total 300,000 all over the country. The Association ... (full story)