T.N. Government places orders with two jewellers for supply of gold rings scheme

The State Government had announced the implementation of the scheme to present one-gram gold rings to babies born in government hospitals from June 22, 2026, onwards. File.

The State Authorities had introduced the implementation of the scheme to current one-gram gold rings to infants born in authorities hospitals from June 22, 2026, onwards. File.
| Picture Credit score: PTI

Work orders have been issued to Joyalukkas and Kalyan Jewellers in a 70:30 ratio for the provision of one-gram gold rings beneath the State Authorities’s Thaimaman Thanga Mothiram Thittam” scheme.

With the scheme set to be launched on September 15, the start anniversary of former Chief Minister C. N. Annadurai, the corporations are anticipated to provide a complete of 1,28,499 one-gram gold rings for a four-month interval starting from June, the State’s Well being Division mentioned in a press launch.

The State Authorities had introduced the implementation of the scheme to current one-gram gold rings to infants born in authorities hospitals from June 22, 2026, onwards.

A Authorities order was issued for the procurement of 4,41,667 gold rings weighing one gram every. Following this, the Tamil Nadu Medical Companies Company floated tenders on July 14.

Round 11 corporations participated by means of the “TN Tenders Portal” and submitted their bidding worth. On this, excluding the worth of 1 gram of gold, Joyalukkas quoted the bottom worth of ₹0.01 in the direction of all further fees, together with making fees, insurance coverage, transportation and BIS hallmarking.

In accordance with the Tamil Nadu Transparency in Tenders Act and Guidelines, the worth quoted by the bottom bidder was shared with the opposite 10 collaborating corporations, searching for their willingness to match the worth supplied by the bottom bidder. Amongst them, solely Kalyan Jewellers agreed to match the quoted worth. Work orders have been issued to the profitable bidders.

It could be recalled that the State Authorities had introduced the implementation of the scheme at a complete value of ₹755.83 crore.

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