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15
November 2018
 |
Gold
(The Total Investment & Insurance Solutions)
The government is planning to soon make
hallmarking mandatory for gold jewellery sold in the country, Food and
Consumers Affairs Minister Ram Vilas Paswan said Thursday. The hallmarking of
gold, which is voluntary in nature at present, is a purity certification of the
precious metal. The Bureau of Indian Standards (BIS), under the Consumer
Affairs Ministry, is the administrative authority of hallmarking. "BIS has
set standards for hallmarking of gold jewellery in three grades of 14 carat, 18
carat and 22 carat. We are going to make it mandatory soon," Paswan said
at a BIS event organised to commemorate World Standards Day with a theme on
'Global Standards and the fourth Industrial Revolution'.
Paswan, however, did not specify the date of
implementation of the mandatory gold hallmarking, but stressed on the need to
adopt the standards in the interest of consumers. India has 653 (rpt) 653
BIS-recognised assaying and hallmarking centres; and maximum of them are
located in Tamil Nadu, followed by Kerala. As fourth industrial revolution
would be of smart technologies, the minister said the BIS has a challenge to
speed up the work in setting standards to ensure the country is not lagging
behind in this area.
Paswan launched the revamped website of BIS
and the pre-standardisation report on smart manufacturing. Minister of State
for Consumer Affairs C R Chaudhary too emphasised that the need of the hour is
to discuss setting of standards for new smart technologies like artificial
intelligence that are being embraced by the industry. BIS Director General
Surina Rajan said committees have been set up already to study standardisation
of smart technologies to be used in fourth industrial revolution, when machines
will be working like human beings and vice versa
There are numerous standards development
organisations which are working in the direction to develop standards that will
be conducive for the fourth industrial revolution, which refers to emerging
technologies that are blurring the traditional boundaries between the physical,
digital and biological worlds, she said. "It is a big challenge for us.
There is a need to improve efficiency, speed and quality of our efforts to
align with international standards. We will keep in mind the requirement of
industry and consumers while making standards of smart technologies," she
added.The Total Investment &
Insurance Solutions
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