Hyderabad: Next time you go to a jewelry store and find less designs to choose from, don’t worry, because confusion over new rules to share unique identities (Huid) numbers to each part of the gem has produced lakh ornaments accumulates for supervision and characteristics at the inspection center .
The Indian Standard Bureau (BIS) only established 35 Testing and Testing Centers (AHC) in seven out of 33 districts in Telangana, bringing more misery to gold and silver traders.
Every day, AHC receives thousands of gold jewelry pieces and distributes Huid to each part to take time, the traders say because the rules say the process must be completed in 48 hours.
“Hyderabad Jewelers has several infrastructure for the typical process process, but in several Telangana districts, gold traders must travel at least 300 kilometers to get the distinctive BIS feature,” added Murali Krishna, who is a member of the task force formed to see this problem.
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In June, the Indian standard Bureau (BIS) brought new rules, but gold jewelry traders have urged the central government to modify the system.
“The golden jewelry industry in Telangana is very upset because some problems need to be handled by the government union government.
The lack of clarity in this new rule will have an impact on the gold jewelry industry,” said Mannepally Murali Murali Krishna.
Representatives of 55,000 jewelry registered in the Association of Gold Jewelry Traders Telangana have formed a unit of tasks to ignore their strategy to solve problems.
“Immediately, the task force will meet the ministers will urge them to make certain changes in the bus rules to ensure more subtle decisions,” added the assignment unit members.
Chand Sreenivas Rao, Director of Trading Company in Bullion Market, for more than five decades, supports the problems submitted by gold jewelry traders.
“The central government must conduct studies of possibilities and feasibility,” said Rao, while the head of the bus, K v Rao would not have a penalty until August.