Indian Gold Sector Establishes First Self-Regulatory Body to Enhance Consumer Trust.

National

In a significant move, the Indian gold sector has established its first self-regulatory body to boost consumer trust and ensure industry standards. This new organization aims to address issues like fraud and quality discrepancies, providing a platform for transparency and accountability. By setting up this body, the sector intends to enhance consumer confidence and safeguard interests, promising stricter regulations and ethical practices. The initiative is expected to improve the overall credibility of the gold industry, benefiting both consumers and businesses through increased reliability and trust in gold transactions.


      The body will enforce strict compliance with gold purity standards to prevent fraud and maintain industry integrity.

      It will offer a grievance redressal mechanism for consumers to resolve disputes efficiently and transparently.

     

 

     


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