The Indian government has proposed revised guidelines for permissible wastage limits in the export of gold, silver, and platinum jewellery

In a move that brings relief to the gem and jewellery industry, the Directorate General of Foreign Trade (DGFT) has decided to postpone the implementation of revised wastage norms for exports. This decision follows advocacy efforts by the Gem & Jewellery Export Promotion Council (GJEPC), highlighting the potential adverse impact on small and medium-sized enterprises (MSMEs)