All India Gems and Jewellery Trade Federation (GJF), the apex trade body of gems & jewellery, has scheduled an educational programme – “Labham”, sponsored by GIA, the World’s Foremost Authority in Gemology today in Mumbai.

As a responsible federation of the Gems & Jewellery Industry, GJF plans to organise Labham programmes in more than 30 cities across the nation. Labham is an interactive and intensive one-day educational seminar on compliance, risk management and best business practices in the gems & jewellery industry, which will be attended by over 100 jewellers for each location.

The sessions will be conducted by relevant subject matter experts. The seminar topics include: Finance & Banking, Taxation, GST & Accounting related key aspects Regulatory compliance framework Synopsis of High Level Committee (HLC) report on excise Operations Management Standardization and certification. 

Mr. Nitin Khandelwal, Chairman, All India Gems & Jewellery Trade Federation (GJF), said, “We, at GJF, have identified the needs of a large section of jewellers to understand the technicality of various compliance procedures with complex practices of doing business and we have designed the programme for the benefits of the jewellers. This day-long educational programme at various jewellery clusters of the country would empower the business community to manage their jewellery businesses more effectively in respect of improved governance and ease of operations."

Mrs. Nirupa Bhatt, Convenor – Labham & GIA Managing Director for India and Middle East, said, “Labham Programme is an effort to support the industry become more organised, and compliant to enhance its credibility and profitability. Governance, knowledge, ethics and transparency are the pillars on which successful and sustainable businesses are built. The Labham Programme is for manufacturers, traders and retailers. GJF plans to take this Programme across India and we look forward to assist the industry to take it to next level. .”

The participants will also receive Labham book, which explains the essential elements of conducting business and regulatory framework for reference.