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.
Denne historien er fra December 11, 2024-utgaven av The New Indian Express Vishakapatnam.
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Denne historien er fra December 11, 2024-utgaven av The New Indian Express Vishakapatnam.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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I Know How to Play Real Characters
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Of Our Non-violent Ancestors
Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation
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Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth
Market on the Sands
The Rathgama Wella Fish Market
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Stop Inane and Diversionary Debates, and Focus on What Really Matters
Acute Angle
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The Raghu Dixit Project launches a new album Shakkar as a vernacular statement about India and diversity
Untangled Threads He Weaves
An embroiderer who grew up poor is a celebrity in demand with collectors and artists
Every Woman's Brushstrokes
A beautiful blue and pink-hued sky surrounded by lush greenery. Within this is a tree with specks of orange and yellow, besides which is a bed where a woman is sleeping her flowing tresses falling into the foliage.
Untangled Threads He Weaves
An embroiderer who grew up poor is a celebrity in demand with collectors and artists
