Govt stares at technical issues as it looks to extend hallmarking to silver jewellery

Government sources have told CNBC TV18 that a scheme for mandatory hallmarking for silver is currently under consideration and several issues in terms of implementation are being worked out. Among other issues, durability of HUIDs (Hallmark Unique Identification) has been identified as a concern and is being worked upon.

Unlike the durability of HUID on gold’s surface, an embossed HUID on silver’s surface may corrode on reacting with the atmosphere and lose its distinct mark with time. The government is looking at ways to keep HUID on silver’s surface inert from the atmosphere to make it a reality.

HUID is a unique six-digit alphanumeric code given to every piece of jewellery at the time of hallmarking, with the initiative aimed at increasing the credibility of jewellery for consumers. HUID has been a legal mandate for gold jewellery being sold in India since 1st April 2023.

Earlier this month, Consumer Affairs Secretary Nidhi Khare had told CNBC TV18 that the government was considering a proposal to mandate hallmarking of Gold bullion as part of quality assurance for greater acceptability across India.

Stating that Indian women need the blessings of a quality mark in jewellery to not feel cheated while buying, she said that the 6-digit HUID number has increased its credibility in the eyes of consumers.