"Gold Control Act 1968" was introduced to the Indian gold industry on 24th August 1968. The Gold Control Act 1968 was repelled after 22 years on 6th June 1990, on the grounds that it failed to achieve its intended results on the contrary it led to drug trafficking, tax evasion and creation of black economy in India. But in these 22 years, the Gold Control Act had caused irreparable damage to the unorganised jewellers community of India. A neutral agency "Wikipedia" commenting on the Gold Control Act says that, "For the SUNAR Caste depended upon his traditional occupation of making ornaments, the Gold Control Act, made him lose his business, deteriorated his financial condition and shattered his family life".

"Hallmarking of Gold Jewellery and Gold Artefacts Order 2020" came into force with effect on 16th June 2021. Niti Aayog Report had already adviced that as 95% MSME jewellers of India are unorganised and devoid of knowledge about the new law, so the Bureau of Indian Standards must organise camps for such jewellers in every district of India to educate and inform them regarding the new law. As expected the educated "Organised jewellers" having full knowledge of new law were prepared and they easily oriented their trade to the new law. On the other hand the "Unorganised Jewellers" devoid of knowledge, totally unprepared for the new law could not orient their trade to the new law on time.

As forecasted by Niti Aayog the Unorganised Jeweller Community was late in orienting his trade to the new law, so lost their customer to the Organised Jewellers Community. The organised jewellers community gained the costomers of the unorganised jewellers community, as a result their trade grew at an excallant rate of 11% CAGR while the trade of unorganised jeweller community collapsed. As a result of this sharp rise in the trade of organised jewellers community and abrupt downfall in the trade of unorganised jewellers community the 5% organised jewellers community of India got controle over more than 40% of gold trade in India. This radical change in Indian gold industry was i.e. accumulation of wealth in favour of the organised jewellers community i.e. unequitable distribution of wealth in favour of the organised community was against the basic spitrit of the Constitution of India, which encouraged the policy of "Equitable Distribution of Wealth" among its citizens”.

The unorganised jewellers community of India have the right to get timely information about each and every new law implemented on their trade. Sarafa Times Team intends to impart timely information about each and every law implemented on the disadvantaged, unorganised jewellers community of India, who are struggling for survival.