Pramod Kumar Agarwal elected chairman of GJEPC

By

Maverick Martins

Published
Jan 16, 2018

Gem Jewellery Export Promotion Council (GJEPC) has appointed Pramod Kumar Agarwal as the new chairman for the next 2 years from 2018 to 2020. Agarwal will take over from the outgoing chairman Praveenshankar Pandya.
 

The council has also appointed Colin Shah as the Vice Chairman. The other key appointments include the regional chairman Western Region Ashok Gajera, Gujarat Region Dinesh Navadia, Rajasthan Region Nirmal Kumar Bardia, Eastern Region Prakash Chandra Pincha, Southern Region Mahendra Kumar Tayal and Ashok Sheth as the regional chairman for Delhi.
 
Commenting on the appointment GJEPC Chairman, Pramod Kumar Agarwal in a statement said, “I am committed to bring in a favorable environment for the Indian gem and jewellery trade and business in the next 2 years tenure. My special emphasis would be on facilitating a definitive and stable taxation for Diamonds through Presumptive Taxation. Others would include reduction in GST Rates for cut and polished diamonds and withdrawal of GST on supply of Gold & Silver for export purposes,”.

“Currently, the industry is at a critical juncture, where it needs to be more organized and transparent in terms of doing business which would help it to achieve a more dynamic role in our economy,” he added
 
Vice Chairman Colin Shah said, “I believe that to achieve the next level of growth and to be competitive in the world market, the Indian gem and jewellery industry needs a complete transformation. I will work towards bringing in policy reforms that are conducive for the trade and business.”