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ICICI Securities Report
Government’s intent on jewellery hallmarking implementation appears strong.
That said, given the realities on ground, the deadline for full implementation is extended till November 30, 2021.
In this report on hallmarking, we present facets of the operational implementation. We note that there are bound to be some operational challenges in the initial stages due to:
required ramp-up of infrastructure and procedures and
opposition by some industry participants.
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