GUJARAT DIAMONDS & DESPAIR
The New Indian Express Bengaluru|December 11, 2024
Severe recession hits the industry in state, over 2k factories shut and 45 lives lost since Diwali
DILIP SINGH KSHATRIYA @Ahmedabad
GUJARAT DIAMONDS & DESPAIR

WHILE diamonds are often regarded as timeless treasures, the industries that create these precious gems are currently facing significant challenges. A severe recession has impacted the diamond industry in Gujarat, leading to the closure of more than 2,000 factories—approximately 50% of the total—after the Diwali vacation, according to the Gujarat Diamond Workers Association.

This year, the crisis has driven 45 gem artisans to take their own lives amid rising unemployment. The government has acknowledged in the Rajya Sabha that the diamond sector has struggled for the past three years due to declining demand in key export markets and supply chain disruptions, including G7 sanctions on diamonds of Russian origin.

この記事は The New Indian Express Bengaluru の December 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The New Indian Express Bengaluru の December 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE NEW INDIAN EXPRESS BENGALURUのその他の記事すべて表示
Chelsea's Mudryk fails drugs test: Club
The New Indian Express Bengaluru

Chelsea's Mudryk fails drugs test: Club

CHELSEA forward Mykhailo Mudryk has failed a doping test, the Premier League club said on Tuesday, as reports stated the Ukraine international has been provisionally suspended.

time-read
1 min  |
December 18, 2024
The New Indian Express Bengaluru

NIA court convicts 3 IM operatives

THE SPECIAL Court for NIA Cases convicted three Indian Mujahideen (IM) operatives for hatching a conspiracy to carry out blasts ahead of the then US President Barack Obama's visit to India for Republic Day in 2015, as per instructions from Pakistan.

time-read
1 min  |
December 18, 2024
The New Indian Express Bengaluru

Hopcoms outlets on the verge of closure

GOING by the current trend of online platforms and private players selling vegetables and fruits procured directly from farmers at competitive prices, outlets of the Karnataka government-owned Horticultural Producers' Cooperative Marketing and Processing Society (Hopcoms) are on the verge of closure.

time-read
1 min  |
December 18, 2024
The New Indian Express Bengaluru

Farmers' suicides can't be stopped by curing depression

ARCHING in the Dark, Kinshuk Surjan's moving and inspiring documentary on the widows of farmers who died by suicide in Maharashtra, won accolades in several film festivals across the world.

time-read
3 分  |
December 18, 2024
The New Indian Express Bengaluru

Upendra dedicated his life and soul to this project: Priyanka Upendra

The grand pre-release event of Upendra's much-anticipated UI was a star-studded affair, attended by Sandalwood's biggest names, including Dr. Shivarajkumar, Duniya Vijay, and Dhananjay, among others.

time-read
3 分  |
December 18, 2024
The New Indian Express Bengaluru

A Man on the Inside to return for S2

AFTER its successful debut earlier this year, Netflix has renewed its series A Man on the Inside for another season.

time-read
1 min  |
December 18, 2024
The New Indian Express Bengaluru

SRIIMURALI COLLABORATES WITH PEOPLE MEDIA FACTORY ON A BIG-BUDGET FILM

This film will be made as the production house's 47th project and an announcement was made on the actor's birthday

time-read
1 min  |
December 18, 2024
The New Indian Express Bengaluru

Where do ideas come from?

Someone who has to write articles and perform jokes regularly, my work depends on 'getting ideas'.

time-read
2 分  |
December 18, 2024
The New Indian Express Bengaluru

Roopesh Shetty's Adhipathra locks its release date

IGG Boss winner and actor Roopesh Shetty's much-anticipated film Adhipathra is all set to hit screens across Karnataka on February 7 next year.

time-read
1 min  |
December 18, 2024
The New Indian Express Bengaluru

BEHIND THE RAINBOW

The Queer Caravan, a group of six poets from Germany, India and France, recently took to stage to reimagine queer futures that move beyond sadness and tragedy to embrace joy and hope

time-read
2 分  |
December 18, 2024