National News
French Ambassador Strengthens Indo-French Educational Relations at IIGJ Jaipur
MoU between Alliance Française and IIGJ Jaipur Introduces French Language Course, Enhancing Cultural and Educational Exchange
In a pivotal move towards enhancing Indo-French educational ties, H.E. Thierry Mathou, Ambassador of France to India, visited the Indian Institute of Gems & Jewellery (IIGJ) Jaipur to witness the signing of a Memorandum of Understanding (MoU) between Alliance Française and IIGJ Jaipur. The MoU marks the introduction of a French language course for students, opening doors to greater cultural exchange and future collaborations, particularly in the jewellery industry.
The MoU, signed by Dr. Tulika Gupta, President of Alliance Française, and Dr. Nawal Agarwal, Chairman of IIGJ Jaipur, aims to develop students’ linguistic skills while exploring opportunities for potential student exchange programs between India and France.
The event, attended by IIGJ Jaipur’s directors and prominent figures, including Mr. Ashish, a new member of the Council’s CoA from the Diamond panel, was a significant milestone. During his visit, Ambassador Mathou toured the IIGJ Jaipur campus and had the opportunity to explore an exclusive experience zone dedicated to traditional Indian jewellery craftsmanship, where artisans showcased intricate techniques like kundankari, meenakari, chitai work, and thewa.
Engaging with students, Ambassador Mathou praised their dedication and craftsmanship. He also visited the “IIGJ-RLC” laboratory, applauding its cutting-edge facilities and the institute’s five decades of excellence in jewellery education. His visit further strengthened the growing ties between India and France, focusing on mutual interests in education, culture, and craftsmanship.
National News
GJC Delegation Meets RBI Deputy Governor, Makes GMS Presentation
The Proposal Was Acknowledged As An Innovative Initiative With The Potential To Become A Game Changer For The Industry and The Nation.
A GJC delegation comprising Vice Chairman Avinash Gupta, Legal Consultant CA Bhavin Mehta, and National Secretary Mitesh Dhorda met with Shirish Chandra Murmu, Deputy Governor of the Reserve Bank of India, along with his senior team.
During the meeting, the delegation made a detailed presentation on the proposed Gold Monetization Scheme (GMS). The RBI team appreciated the concept of the scheme. The proposal was acknowledged as an innovative initiative with the potential to become a game changer for the industry and the nation.
GJC remains committed to working closely with all stakeholders —including the government, banks, jewellers, gold depositors, and temple trusts—in the larger national interest and for the sustainable growth of the GJ industry.
The Gold Monetization Scheme (GMS) in India was launched with the primary objective of reducing gold imports by mobilizing the vast amount of idle gold held by households, institutions, and temple trusts, thereby decreasing the country’s heavy reliance on gold imports. By encouraging depositors to bring their unused gold into the formal banking system, the scheme puts this dormant gold into productive economic purposes, such as meeting the needs of jewellers and industries without requiring fresh imports.
Additionally, the scheme allows depositors to earn interest on their gold deposits instead of keeping gold idle at home, transforming a non-yielding asset into an income-generating investment while simultaneously strengthening India’s gold supply chain and reducing the trade deficit.
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