GJEPC postpones intl gem, jewellery show in Jaipur due to coronavirus


PTI, Mar 9, 2020, 5:04 PM IST

New Delhi: Gems and Jewellery Export Promotion Council (GJEPC) has rescheduled its international gem and jewellery show in Jaipur from April to July on account of coronavirus outbreak.

In a statement, the council has said due to concerns related to the global coronavirus outbreak, they have decided to postpone the dates to July 18-20, 2020.

There are serious concerns globally pertaining to the outbreak of respiratory illness caused by coronavirus, adversely affecting everyone’s travel plans, it said.

“Considering the concerns and sensitivities of the countries impacted, the health and safety of exhibitors and visitors, after much deliberation with buyers and other stakeholders, there was no option but to reschedule the show,” it added.

Further, the council said over 600 buyers from 56 countries which includes Algeria, Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Denmark, and England, have registered so far.

Over 230 exhibitors have confirmed their participation from all over India.

During April 2019 to January 2020, exports declined 4.78 per cent to Rs 2,16,076.06 crore as compared with Rs 2,26,933.91 crore during the ten months period of 2018-19.

The council also said that in view of the recent action taken by the Reserve Bank of India on Yes Bank, all exhibitors and visitors are advised not to deposit any cheques/NEFT/RTGS/IMP in that bank with immediate effects.

“GJEPC may not be able to provide credit for cheque’s deposited in Yes Bank after March 5, 2020, in view of the restrictions imposed on transactions with Yes bank,” it added.

The Reserve Bank last week imposed a moratorium on the capital-starved Yes Bank, capping withdrawals at Rs 50,000 per account and superseding the board of the private sector lender with immediate effect.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Former UP CM Mulayam’s health deteriorates, shifted to ICU

Rangamandiras to be constructed in all districts: Minister Sunil Kumar

Statues of Kittur Rani Chennamma and Sangolli Rayanna to be installed in Suvarna Vidhana Soudha

Organs of Delhi AIIMS official’s sister give life to four

Gone with the loan: Indian ‘travel-philes’ bank big on ‘travel now, pay later’

With drained battery & no fuel, India’s Mars Orbiter craft quietly bids adieu

CBI makes social media debut ahead of Interpol General Assembly


Related Articles More

Gone with the loan: Indian ‘travel-philes’ bank big on ‘travel now, pay later’

Karnataka Bank launches ‘KBL Utsav’ loan campaign

FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep

We cannot afford to have IBC lose its sheen, says Nirmala Sitharaman

Decision to import areca nut from Bhutan: Farmers, traders fear price collapse

MUST WATCH

Day 7 | Goddess Kalratri

Huge Fish Found in Muloor

Uchila Dasara 2022 Celebration

Prime Minister Narendra modi apologize

Day 6


Latest Additions

Sonia Gandhi to participate in Bharat Jodo Yatra on Oct 6 in Karnataka: Sources

BJP planning to show black flags to Rahul Gandhi in Mysuru, alleges Cong

Adityanath pays tributes to Gandhi, Shastri

Former UP CM Mulayam’s health deteriorates, shifted to ICU

Rangamandiras to be constructed in all districts: Minister Sunil Kumar

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.