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India Gold Policy Centre IIMA wins prestigious award for contribution to Gold Policy Research

Delhi: The India Gold Policy Centre (IGPC), IIM Ahmedabad won an award for Outstanding Contribution to Gold Policy Research in 2017-18 at the 15th India International Gold Convention recently held in Kochi.

The award was received by Professor Arvind Sahay, Chairman of IGPC, along with his team, on behalf of the Centre.

The convention, that was held at Le Meridien Convention Centre, saw over 100 delegates representing different sections of the gold industry from India and abroad, trade organizations, financial institutions and policy experts holding deliberations over policy and trade matters related to gold ecosystem.

The gathering consisted of 11 bullion banks, 6 nominated banks, 6 international refiners, 25+ domestic refiners, leading jewellery manufacturers from India, official / trade representatives from Canada, Peru, Ghana, Liberia, Myanmar and Singapore.

Speaking on this occasion Prof. Arvind Sahay, Chairman at IGPC said “We are honoured to have received this award. IGPC has been doing extensive research work in the field since its inception. IGPC has organized two policy workshops and an academic research conference in the past 3 years.

He sais IGPC has published several papers on research studies undertaken by faculty and doctoral students of IIMA or other institutions funded by the Centre. We have a brilliant team and this award is testimony of the hard work we put in. We will give inputs for the new gold policy, being prepared by the Union ministry of finance, by next week.

He hoped that by the next three to six months, there will be a policy going to the PMO and the Cabinet clearing it.

The convention was organised by Foretell Business Solutions where IGPCparticipated as a ‘Research Partner’. Prof. Arvind Sahay addressed the delegates on ‘Mapping Gold Policy-Present to Future’.

The India Gold Policy Centre, a part of the Indian Institute of Management Ahmedabad (IIMA), is a Centre of excellence sponsored by World Gold Council (WGC). A pioneer Thinktank in global gold industry, the Centre was set up in 2014 and aimed towards conducting cutting-edge research on all aspects of the Indian gold industry. It was established as a result of a collaboration between the World Gold Council and IIMA.