National News
All India Gem & Jewellery Domestic Council (GJC) welcomes Maharashtra Government’s landmark initiative- Formation of State-Level ‘Dakshata Committee’ for Jewellers’ Security
GJC hails Maharashtra Govt’s move to set up state-level Dakshata Committee for jewellers’ safety and security
The All India Gem & Jewellery Domestic Council (GJC), the apex body representing over 600,000 jewellers across India, heartily welcomes the Maharashtra Government’s historic step of establishing a state-level ‘Dakshata Committee’ (Vigilance Committee) to ensure the safety and security of jewellers.
For a long time, jewellers have faced harassment during investigations of theft and robbery cases involving gold and silver. In some unfortunate incidents, jewellers even lost their lives during the process. Taking cognizance of these grave concerns, on March 14, 2024, the Government of Maharashtra issued a circular under the Home Department, clearly instructing police officers regarding investigations under BNS 317 (formerly Section 411 IPC). The circular also recommended the establishment of a special Dakshata Committee.
This Vigilance Committee has been constituted by the State Government. Representatives from 36 districts of Maharashtra have been included, and in the near future, district-level committees will also be established with the support of GJC. The key objective of this initiative is to build a secure and reliable bridge between the government and trade bodies, ensuring the safety of jewellers and extending full support to honest business practices.
GJC expresses its sincere gratitude to Hon’ble Chief Minister Shri Devendra Fadnavis for this visionary step. The Council also acknowledges the special efforts of Hon’ble Minister of State for Home Affairs Shri Pankaj Bhoyar and Hon’ble Smt. Chitra Wagh (MLC) in making this reform a reality.

GJC Chairman, Mr. Rajesh Rokde, said:
“This decision marks a historic moment for the jewellery industry in Maharashtra. The formation of the Dakshata Committee reflects the government’s commitment to ensuring a safe business environment in a safe state. We are deeply thankful to Hon’ble Shri Devendra Fadnavis for this far-sighted reform and appreciate the tireless efforts of Hon’ble Minister of State for Home Affairs Shri Pankaj Bhoyar and Hon’ble Smt. Chitra Wagh. We congratulate all trade representatives included from various districts of Maharashtra. I urge jewellers across India to make similar efforts in their respective states so that a strong and secure national framework can be created. GJC remains committed to working hand-in-hand with the industry.”
GJC Vice Chairman, Mr. Avinash Gupta, added:
“The jewellery sector has long grappled with serious security challenges. The Maharashtra Government’s decision is indeed a revolutionary step, reflecting both sensitivity and strong commitment towards the jeweller community. This initiative will instill confidence among jewellers. We appeal to all our pan-India members to actively engage with their respective state governments for similar committees, so that a safe ecosystem for jewellery business can be built nationwide.”

| Name | District | Role |
|---|---|---|
| Shri Nitin Khandelwal | Akola | Member |
| Shri Rajesh Rokde | Nagpur | Member |
| Shri Shailesh Kharote | Akola | Member |
| Shri Sudhakar Tank | Nanded | Member |
| Shri Kiran Andilkar | Pune | Member |
| Shri Mahavir Gandhi | Solapur | Member |
| Shri Bharat Oswal | Kolhapur | Member |
| Shri Subhash Vadala (Jain) | Mumbai | Member |
| Shri Girish Devrmani | Solapur | Member |
| Shri Ajit Pendhurkar | Mumbai | Member |
| Shri Rajendra Dindorkar | Nashik | Member |
| Shri Amol Dhomne | Wardha | Member |
As the national apex body, GJC also invites all state heads across India to replicate such initiatives in their respective states. GJC will extend full support and is preparing a detailed national Plan of Action to help implement this framework across India.
National News
Senco Gold & Diamonds Partners With Olocker to Give Customers Free Jewellery Insurance, Letting Precious Memories Be Worn, Not Hidden Away
A Customer-First Initiative Designed to Help People Wear Their Precious Memories with Confidence.
Senco Gold & Diamonds, one of India’s most trusted jewellery houses, has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking.
On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal — the freedom to actually live with the things you love.
There is a quiet ritual that plays out in homes across India every wedding season, every anniversary. A piece of jewellery is bought with love, worn once or twice with pride — and then, almost apologetically, tucked away in a bank locker for “safekeeping.” The very thing meant to be cherished ends up spending most of its life in the dark.
A Locker Is No Place for a Memory
Ask any family that owns fine jewellery, and you’ll hear the same quiet anxiety: the fear of stepping out wearing something precious, the fear of a break-in while the house is empty. For many, the solution has always been the same — lock it away, take it out only for weddings and festivals, and let it sit untouched the rest of the year.
It’s a practical response to a real risk, but it also means jewellery bought to mark a marriage or a milestone ends up being seen far less than it deserves.
This is the exact problem Senco Gold & Diamonds’ Managing Director, Suvankar Sen,

has spoken about wanting to solve. Known for a customer-first philosophy that goes beyond transactions, Sen has often said jewellery should be something people live with, not something they merely own. “Jewellery is never just metal and stone,” Sen said, explaining the thinking behind the Olocker partnership. “It’s a wedding day, a mother’s blessing, a promise kept. When customers can’t step out wearing it, or can’t leave home without worrying about a break-in, something is broken in that experience. We wanted to fix that.”
That sentiment is the quiet engine behind this initiative. Rather than simply selling jewellery and stepping back, Senco has chosen to walk the extra mile — ensuring that once a customer takes a piece home, they can wear it freely and pass it down through generations, without the constant undercurrent of worry.
What the Partnership Actually Offers
Through this collaboration, Senco customers receive free jewellery insurance via Olocker on qualifying purchases, protecting against snatching, robbery, and housebreaking.
Olocker, India’s first digital platform dedicated to jewellery insurance and asset tracking, brings the technical and insurance backbone — while Senco brings its decades of trust, built since 1938, to make sure customers actually use it.
For a family that has just bought a piece for a wedding, this means peace of mind — wearing that necklace to a dinner without the nagging thought of “what if someone snatches it,” or “what if someone breaks in while we’re away.”
A Partnership Built on Shared Intent
The excitement isn’t one-sided. At Olocker, the partnership is seen as validation of the idea the platform was built on — that jewellery insurance should be a natural, everyday companion to ownership, not a niche afterthought.
“This is genuinely one of the most exciting collaborations we’ve been part of,” said Milind Shethia, Founder & Chief Marketing Officer at Olocker. “Our mission has been to help people wear their jewellery instead of locking it away, and partnering with a name as trusted as Senco brings that mission to millions of customers at once.
What’s heartening is Mr. Sen’s own approach — he didn’t look at it as a marketing tie-up, but as giving something back to people who’ve trusted Senco for generations. That kind of intent is rare, and it’s exactly the spirit we built Olocker around.”
That mutual sense of purpose is what gives this partnership its quiet credibility. It isn’t a scheme or a promotional hook, but two organisations agreeing on a simple, shared belief: jewellery should be lived in, not locked up.
A Bigger Idea About Ownership
There is a broader philosophy at play, one Suvankar Sen has championed throughout his tenure at Senco — that jewellery is an emotional asset as much as a financial one, and customers shouldn’t have to choose between enjoying it and protecting it.
This partnership feels less like a marketing initiative and more like a promise kept, reflecting a leadership style that measures success in something harder to quantify — how cared for a customer feels long after leaving the showroom.
As jewellery increasingly doubles as adornment and investment, initiatives like this one may well set a new benchmark for customer care in the industry.
Senco, through its partnership with Olocker, isn’t just insuring jewellery against snatching or a break-in — it’s giving people back the freedom to wear their memories, out loud, without fear.
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