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MoneyWireGem and Jewellery Domestic Council Chair Rajesh Rokde on Budget

Gem and Jewellery Domestic Council Chair Rajesh Rokde on Budget

This story was originally published at 14:14 IST on 1 February 2026
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Informist, Sunday, Feb. 1, 2026

 

MUMBAI - Rajesh Rokde, chairman of All India Gem and Jewellery Domestic Council, said the following on the Union Budget for 2026-27 (Apr-Mar), presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Sunday:

 

The Union Budget 2026–27 reflects a stable and sensitive approach towards the gems and jewellery industry. The absence of any increase in customs duty or GST (goods and services tax), continued policy certainty, strong MSME (micro, small, and medium enterprises) and cluster support, ease-of-doing-business measures, and litigation-reducing income-tax reforms, together provide confidence to the trade and reinforce the government's recognition of our sector as a key contributor to employment, exports, and economic growth.  End

 

Compiled by Shreya Shetty
Filed by Tanima Banerjee 

 

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