Federation of Jewellery Groups
Full Form of FJG
What is FJG?
The Federation of Jewellery Groups (FJG) is an Indian trade body that represents the interests of jewellery manufacturers, retailers, and artisans across the country. It works to promote ethical practices, standardize hallmarking, and advocate for policy reforms in the gems and jewellery sector. Formed to unify regional jewellery associations, the FJG plays a key role in addressing challenges such as gold purity certification, import duties, and artisan welfare. It collaborates with government bodies like the Bureau of Indian Standards (BIS) and the Gems and Jewellery Export Promotion Council (GJEPC) to implement transparent regulations. The FJG is particularly active during major buying seasons like Akshaya Tritiya and Diwali, issuing guidelines to prevent malpractices. For students appearing for banking or commerce exams, understanding the FJG’s function is important as the jewellery industry is a major contributor to India’s GDP and exports. The federation also organizes training programmes and workshops for small-scale jewellers, ensuring they comply with modern trade norms. Its influence extends to e-commerce platforms, where it monitors the sale of hallmarked jewellery online.
FJG का फुल फॉर्म
आभूषण समूहों का संघ
Example
The FJG has urged the government to reduce import duties on gold to curb smuggling and support small jewellers.