Gems and Jewellery Domestic Council Elects Saiyam Mehra as Chairman
The Gem and Jewellery Domestic Council (GJC) has elected Saiyam Mehra as its chairman. Mehra, who is the director of the Indian Bullion & Jewellers Association (IBJA), will serve a two-year term. The council has also elected K. Srinivasan as vice-chairman.
GJC represents the domestic gems and jewellery sector in India. It works towards promoting the industry and providing support to its members. The council also represents the sector’s interests to the government and other regulatory bodies.
Mehra has been actively involved in the gems and jewellery sector for many years. He has been instrumental in introducing various reforms and initiatives that have helped the sector grow. His appointment as the chairman of GJC is expected to bring more stability and growth to the sector.
In a statement, Mehra said that he is committed to working towards the betterment of the sector. He thanked the members of GJC for electing him as their chairman and promised to work tirelessly for their benefit.
This news is important for students preparing for government exams in the banking, finance and commerce sectors. It is also relevant for those preparing for civil service exams as it is essential to be aware of the latest developments in various sectors.
Why this News is important:
Gem and Jewellery Domestic Council Elects Saiyam Mehra as Chairman
The Gem and Jewellery Domestic Council (GJC) has elected Saiyam Mehra as its chairman. This news is important for students preparing for government exams in the banking, finance and commerce sectors. It is also relevant for those preparing for civil service exams as it is essential to be aware of the latest developments in various sectors.
Historical Context:
The gems and jewellery sector is an essential sector of the Indian economy. It is one of the fastest-growing sectors in the country, with a growth rate of around 6-7% annually. The sector contributes significantly to the country’s foreign exchange reserves and provides employment to millions of people.
The Gem and Jewellery Domestic Council (GJC) represents the domestic gems and jewellery sector in India. It works towards promoting the industry and providing support to its members. The council also represents the sector’s interests to the government and other regulatory bodies.
Key Takeaways from “Gem and Jewellery Domestic Council Elects Saiyam Mehra as Chairman”:
| Serial Number | Key Takeaway |
|---|---|
| 1. | Saiyam Mehra has been elected as the chairman of the Gem and Jewellery Domestic Council (GJC). |
| 2. | The council represents the domestic gems and jewellery sector in India. |
| 3. | Mehra is the director of the Indian Bullion & Jewellers Association (IBJA). |
| 4. | The gems and jewellery sector is one of the fastest-growing sectors in India, with a growth rate of around 6-7% annually. |
| 5. | GJC works towards promoting the industry and providing support to its members. |
Important FAQs for Students from this News
Q. What is the Gem and Jewellery Domestic Council (GJC)?
A. The Gem and Jewellery Domestic Council (GJC) is an apex body for the gems and jewellery sector in India.
Q. Who has been elected as the chairman of GJC?
A. Saiyam Mehra has been elected as the chairman of GJC.
Q. What is the aim of the National Initiative for School Heads and Teachers Holistic Advancement (NISHTHA) programme?
A. The aim of the NISHTHA programme is to improve the quality of school education in the country and promote professional development for teachers.
Q. How many teachers and school heads are expected to be covered in the first phase of the NISHTHA programme?
A. The NISHTHA programme aims to cover 42 lakh teachers and school heads in the first phase.
Q. What are the challenges faced by the gems and jewellery sector in recent years?
A. The gems and jewellery sector has faced challenges related to the COVID-19 pandemic, a decline in demand and sales, and high import duties on gold and other precious metals.
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