National News
JYPL Season 9 kicks off
20 Teams.260 Players.25 + Sponsors. 275+ companies involved and associated with tournament .
Cricket.Companionship.Competition.Cheer!!
The brilliance of the jewellery industry moved from the showroom to the stadium as the Jewellery Youth Premier League (JYPL) Season 9 kicked off. -The tournament will see action from 5 to 8 March 2026 at the Central Railway Ground.
Organized by the Jewellery Youth Forum (JYF), the tournament has cemented its reputation as more than just a sporting event—it is the ultimate networking arena where business meets brotherhood.
A truly inclusive industry powerhouse
The hallmark of JYPL is its unparalleled inclusivity. This season brought together the entire spectrum of the industry and trade, uniting professionals from the Gold, Silver, Diamond, Gemstone, and Allied segments. With 275+ companies involved, the league will see 20 teams and 260 players (exclusively team owners) compete, supported by a prestigious roster of over 25+ sponsors.
The Road to the Pitch: Precision and Professionalism
The pre-tournament phase glittered with following events:
- The Screening: Held at the Central Railway Ground, this “technical ritual” ensured the highest level of play. Participants were rigorously assessed on skill, technique, and fitness and fitted into categories as per their competence, ensuring balanced and competitive team rosters.
- The Networking Dinner: An evening where the “business of cricket” took center stage. Sponsors and JYPL team owners mingled in an elegant setting, proving that the best deals are often struck far beyond the boardroom.
- The High-Octane Players Auction: Mirroring the intensity of international leagues, the player auction was a masterclass in auctioning skills and technological prowess. The atmosphere was electric as 20 teams strategically bid for 260 players, showcasing precision event management at its finest.
- Launch Party: An unforgettable launch celebration at One 8 Commune, Mumbai epitome of uber-luxury ambience and sophistication. This exclusive evening saw team owners, esteemed sponsors, and all valued associates raising a toast to brotherhood and business.
More Than a Game
The Jewellery Youth Forum has once again achieved its core mission: fostering a platform where competition breeds camaraderie. By blending the thrill of the cricket with the sophistication of the jewellery fraternity, JYPL has strengthened professional bonds and created a lasting legacy of unity.
It is now time for action to move to the playing arena. It is action time. It will be exciting cricket mixed with companionship, camaraderie and cheer !!
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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