Jamshedpur, March 11: Demanding immediate roll back of excise duty levied on gold jewelry, Jamshedpur Jewelers Association led by its general secretary Vipin Adeshra organized ‘Havan for Wisdom’ by five pundits at Chagganlal Chowk in Bistupur on Friday morning, a while funeral procession was taken out and the effigy of Union finance minister Arun Jaitley was burnt at Dalda Line in Sakchi this evening.
More than 500 jewelers and karigars (artisans) of the city participated in the protests, as the shops remained closed for the tenth straight day.
Around 900 jewelry shops including showrooms across the Kolhan Division remained closed for the tenth consecutive day in protest against the imposition of one percent excise duty on the gold ornaments. With the closure of the jewelry shops, not only the owners, but the employees and the people are facing hardships.
On the occasion jewelers pledged to stand firm on the indefinite strike called by the jewelers all over the country.
Vipin Adeshra said, “The strike will continue till their demand of revocation of excise duty is revoked. The imposition of one per cent excise duty without input credit or 12.5 percent excise duty with input credit on production and manufacturing of the gold ornaments has created chaos and confusion among the jewelry traders as we were expecting something beneficial for us in the budget,” he added.
The strike is being actively supported by Bangabhasi Swarnkar Sangh, Swarnkar Vikas Manch, Jamshedpur Vishwakarma Karigar Sangh, Akhil Bhartiya Swarnkar Vikas and Sodh Sansthan and Singhbhum Chamber of Commerce and Industry.
Singhbhum Chamber of Commerce and Industry general secretary Prabhakar Singh, Hitesh Adeshra, Manish Adeshra, Chetan Adeshra, Dinesh Gupta, Dharmendra Kumar, Dharmendra Burman, Arun Gupta, Ritesh Burman, Sunil Verma, Anil Agarwal, Kaushik Adeshra and others were present at the event.
Meanwhile, Tanishq Jewelers, one of the largest gold retailers in the country, has refrained from supporting the ongoing strike.