Lok Sabha Question No. 1926 (UNSTARRED), answered on 2016-11-28
Subject: Export of Gems and Jewellery
Ministry: COMMERCE AND INDUSTRY
Asked by: ASADUDDIN OWAISI

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY (DEPARTMENT OF COMMERCE)

## LOK SABHA UNSTARRED QUESTION NO. 1926 TO BE ANSWERED ON 28 th  NOVEMBER, 2016

## EXPORT OF GEMS AND JEWELLERY

## 1926. SHRI ASADUDDIN OWAISI:

Will the Minister of COMMERCE & INDUSTRY ( वाͨणÏय एवं उɮयोग मंğी ) be pleased to state:

- (a) whether in spite of export facing many challenges, the export of gems and jewellery has shown a massive growth in recent months after continuously falling for 18 months since December, 2014;
- (b) if  so,  the  details  thereof  along  with  the  total  export  of  gems  and  jewellery  in  the  first quarter of current financial year;
- (c) whether the Government proposes to fully support this sector in order to boost the said export; and
- (d) if so, the manner in which the Government is going to support this sector?

## ANSWER

okf.kT; ,oa m|ksx jkT; ea=h ¼Jherh fueZyk lhrkje.k½ ¼Lora= izHkkj½

## THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (INDEPENDENT CHARGE) (SMT. NIRMALA SITHARAMAN)

- (a)  &  (b)        According  to  DGCI&S  data,  the  gems  and  jewellery  exports  has  been showing positive growth since January, 2016. From December, 2014 to December, 2015 gems and jewellery exports were showing decline with exception in the month of  June,  July  and  August,  2016.  The  details  of  gems  and  jewellery  export  since December, 2014 till June, 2016 is at Annexure I.
- (c) & (d) With a view to strengthen the Gems & Jewellery industry in the country, the Government has taken a number of steps such as establishment of Special Notified Zone  (SNZ);  announcement  of  separate  ITC  HS  Code  for  lab-grown  diamonds; introduction  of  Gold  Monetisation  Scheme;  approved  the  scheme  for  setting  up  of Common  Facility  Centres  for  gem  and  jewellery  sector;  and  providing  financial assistance  for  participation  in  international  fairs,  organizing  buyer-seller  meets  etc. under  Market  Development  Assistance  (MDA)  and  Market  Access  Initiative  (MAI) Schemes of the Department of Commerce to boost the exports of gem and jewellery.

## Annexure I

## Month-wise export of Gems  and Jewellery  for the period December,  2014 to June, 2016

| Month   |   Export value (in US$ million) |   %Growth over corresponding month in previous year |
|---------|---------------------------------|-----------------------------------------------------|
| Dec-14  |                         2667.91 |                                               -1.14 |
| Jan-15  |                         3024.27 |                                               -3.73 |
| Feb-15  |                         3524.96 |                                               -3.22 |
| Mar-15  |                         3458.56 |                                               -8.29 |
| Apr-15  |                         2944.9  |                                              -10.25 |
| May-15  |                         3240.75 |                                              -10.58 |
| Jun-15  |                         3371.34 |                                                0.88 |
| Jul-15  |                         3043.1  |                                                4.93 |
| Aug-15  |                         3353.84 |                                                2.7  |
| Sep-15  |                         3645.29 |                                              -18.81 |
| Oct-15  |                         3597.07 |                                              -10.05 |
| Nov-15  |                         2902.45 |                                              -21.31 |
| Dec-15  |                         2467.77 |                                               -7.5  |
| Jan-16  |                         3142.73 |                                                3.92 |
| Feb-16  |                         3921.69 |                                               11.25 |
| Mar-16  |                         3652.52 |                                                5.61 |
| Apr-16  |                         3525.22 |                                               19.71 |
| May-16  |                         3761.77 |                                               16.08 |
| Jun-16  |                         3536.26 |                                                4.89 |

(Source: DGCI&S)