One-Paisa Bid Wins Joyalukkas 70 per Cent of TN Government’s Rs 755-Crore Gold Ring Contract
Joyalukkas and Kalyan Jewellers won a 70:30 contract to supply 1,28,499 one-gram gold rings under the state welfare scheme.
- The State Government issued work orders to Joyalukkas and Kalyan Jewellers to supply one-gram gold rings under the Thaimaman Thanga Mothiram Thittam scheme.
- Launching September 15 on the birth anniversary of former Chief Minister Annadurai, the program aims to gift gold rings to babies born in government hospitals.
- Following July 14 tenders on the Tenders Portal, around 11 firms competed; Joyalukkas quoted the lowest price of ₹0.01 towards additional charges, which only Kalyan Jewellers matched.
- The Health Department expects to supply gold rings over a four-month period, with implementation officially beginning on June 22, 2026.
- Procurement followed the Tamil Nadu Transparency in Tenders Act and Rules, with officials sharing the lowest bid among competing firms to determine willingness to match.
13 Articles
13 Articles
<p style="text-align: justify;">Chief Minister Vijay Rupani has made a major announcement regarding Tamil Nadu. He has launched the 'Thamamman Gold Ring Scheme' for newborns. Importantly, orders have been placed with two jewelers for this scheme. Under this scheme, the Tamil Nadu government will provide gold rings to babies born in government hospitals starting in June. 128,499 gold rings will be distributed in the first phase. </p> <p style="te…
Under Tamil Nadu's "Thayamaman Thanga Mothiram" scheme, children born in government hospitals will receive a 1-gram gold ring. Joyalukkas and Kalyan Jewellers have been awarded the contract to manufacture 128,499 rings. The scheme will launch on September 15th.
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