Page 13 - Bullion World Issue 12 Volume 05 December_2025

Bullion World | Volume 5 | Issue 12 | December 2025

Pradesh, Shri Yogi Adityanath Ji. Discussions centred Importantly, no customer details are required by
on rural development and welfare, strong law and IBJA, ensuring that privacy and data protection are
order, energy and power infrastructure, economic maintained. The scheme supports retail footfalls and
growth, and industrial development-issues that festive sales while operating within a transparent,
critically influence the bullion and jewellery trade’s compliant framework. IBJA also introduced an
operating environment. exclusive platinum member annual reimbursement of
₹1,500 upon submission of visitor passes and invoices,
4. Consumer Protection, Trust and Outreach encouraging member participation in key trade events
Protection and assurance for jewellery buyers and exhibitions.
To deepen consumer confidence, IBJA worked on
enhancing post-purchase protection and transparency: Webinars and Seminars : Throughout 2025, IBJA
conducted various webinars and seminars for industry
¾ The Gold Jewellery Protection Plan for retail members, students, and artisans, covering compliance,
customers aims to provide buyers with enhanced market trends, technical skills, and regulatory updates.
protection and service-related assurances on their These events fostered knowledge sharing and built a
jewellery purchases, reinforcing trust in organised stronger, more informed community.
retail channels.
¾ Through regular communications and clarifications Looking Ahead
on hallmarking norms-including the status of 9K Across policy advocacy, market infrastructure,
jewellery and gold coin categories-IBJA helped education, and consumer outreach, 2025 has
consumers and jewellers alike navigate an evolving underscored IBJA’s commitment to responsible
regulatory landscape. growth of India’s bullion and jewellery industry. From
securing recognition for 9K hallmarking and clarifying

Trade promotion with consumer safeguards gold coin standards, to promoting hedging literacy,
IBJA launched the IBJA Bhagyalaxmi Festival Scheme AI-enabled safety measures, and benchmark bullion
pricing, IBJA’s initiatives are aligned with the needs
2025, open to both members and non-members.
The IBJA Bhagyalaxmi Festival Scheme 2025 was of refiners, traders, manufacturers, retailers, and
policymakers alike.
launched, offering 1251 lucky draw prizes and assured
gifts for participating jewellers including: Motor Car,
As the sector navigates global volatility and rapid
Scooter, Laptops, Tablets, Alexa devices, Smart technological change, IBJA will continue to champion
Watches, Air buds, Bluetooth devices, Headphones transparency, risk management, and consumer
protection—while nurturing the next generation of
¾ One assured gift for all participating jewellers industry leaders and reinforcing India’s position at the
¾ Two assured lucky draw prizes per 100 coupons heart of the global precious metals trade. With the
purchased support of our members, partners and policymakers,
¾ Additional prizes were added as coupon volumes we are poised to make 2026 a year of unprecedented
increase growth and resilience for the Indian gold and jewellery
market.”

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