About BAJUS
Standing Committees
Governance Structure
Standing Committees
BAJUS operates through specialised standing committees that oversee critical areas of work, ensure member representation, and drive the association’s policy and advocacy agenda. Each committee reports to the Executive Board and is chaired by an elected Board member.
Convenes regularly to determine and announce official gold and silver prices for the Bangladesh market based on international market data.
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Meeting
Monthly committee meeting held at BAJUS Secretariat, Dhaka, to review gold and silver rate trends over the past month and finalize the daily pricing formula used for official rate announcements.
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Market Visit
On-site visit to Tanti Bazar and Bashundhara City jewellery markets to observe retail pricing practices and gather feedback from shop owners on rate implementation.
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Price Monitoring
Continuous daily tracking of international bullion rates, USD/BDT exchange movement, and regional gold exchange data to set the official local gold and silver price notice.
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Inspection
Surprise inspection drive across member shops in Old Dhaka to verify compliance with the published daily price list and proper rate display.
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Enforcement-related Activities
Review meeting to issue formal warnings and disciplinary notices against members found overcharging or violating the committee's pricing guidelines.
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Awareness Program
Public awareness campaign at the BAJUS auditorium explaining how the daily gold rate notice is calculated and how consumers can verify fair pricing.
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Seminar / Workshop
Workshop for BAJUS members on reading international bullion market signals and understanding their impact on local gold and silver pricing.
Liaises with Bangladesh Bank, commercial banks, and non-banking financial institutions to arrange tailored credit, bullion purchase facilities, and modern digital banking for jewelry merchants.
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Banking Roundtable
High-level dialogue with commercial banks on simplifying SME collateral requirements for goldsmiths and retail jewelry store owners.
Focuses on expanding Bangladeshi gold and diamond jewelry exports to global markets, representing BAJUS at overseas trade fairs, and securing bilateral trade agreements.
Consults with the National Board of Revenue (NBR) and Ministry of Finance to establish fair VAT structures, streamline baggage rules, and rationalize customs duties on raw precious metals.
Dedicated to fostering and empowering women entrepreneurs, master jewelry designers, and craftswomen across Bangladesh through specialized workshops, grants, and networking.
Coordinates closely with law enforcement authorities, customs intelligence, and border surveillance to curb illegal bullion trafficking and ensure legitimate trade protections.
Drives strategic economic research, precious metal consumption analytics, hallmarking feasibility studies, and technological modernization for the domestic jewelry sector.
Oversees association constitution compliance, district & divisional unit bylaws, member credentials verification, and formal legal dispute resolutions.
