Quality, Reliability & Indian Benchmark

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Presentation transcript:

Quality, Reliability & Indian Benchmark India International Gold Convention, Goa , 12th Aug 2017

Benefits of any Good Delivery accreditation Today Tomorrow GOOD DELIVERY Quality inconsistency; no benchmark Not accepted by banks & exchanges Trust deficit Not-acceptable for export of jewellery 1 Consistent, independent verifiable quality Accepted by banks & commodity exchanges Full traceability Common industry platform facilitates domestic gold policy formulation 1 2 3 4 2 3 4

What does India Good Delivery require ? Flexibility Enabling INDIANISATION Responsible Gold Industry Reputation Quality TRUST & CREDIBILITY across gold value chain Conformity

Multiple Regulatory Inputs Consultative Process to ensure guidelines that work for everyone Draft Closed In Process To Initiate Industry Feedback In Process, to close in Q3 2017 Multiple Regulatory Inputs In Process, to close in Q3 2017 Final Draft Within Q4 2017

“By the industry, for the industry”

What next ? Comments are invited on :- Specifications Application Procedures Proficiency testing Pro-active monitoring Responsible Gold Audit

THANK YOU

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