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Class people under Gujarat CM Narendra at a forum of the international diamond industry in Surat has left diamantaries surprised in the circumstances.

Industry, which has demanded sops from the state government in the form of electricity tariffs and cut aid package for the diamond workers, have been asked by the CM uncertain terms not to formulate its own bailout package for workers. “It was more disappointment than a surprise,” said one industry player that has been present at the inaugural function of ’shimmer’ in which the face-off occurred.

Some one-third of workers who have left the global economic crisis caused the fall trigger the demand for fine diamonds in the United States.

diamond industry in the U.S. fell from 60% to 25%. This caused a number of diamond units to the bottom of their Shutters. “I do not know why this happened. But the industry is facing big problems such as that you can not do anything other than ask for assistance from the government,” Gems and Jewelry Export Promotion Council Vasant Mehta to head ET.

Mr. Mehta’s emotional speech beseeching the state government and more directly to the CM to come to the rescue of the industry in the state in the international gems and jewelry conference inauguration ceremony on Friday has been rejected directly by the content of Mr Modi. “We also have been pursuing this with the central government for more than one and a half months. We have specifically requested the state government on workers’ bailout package because it falls in the ambit and necessary,” he added.

Mr Mehta further said the industry still hopes that the state government will help them exit from the crisis now.

On Friday the handling of diamond players in Soweto, Mr Modi has refrained from announcing any bribe to the industry. He said the best he can talk to the central and lend necessary support to the diamond workers have been laid off by the industry. “As Mr. Modi said in his speech, industry and government need to sit together to create a solution. We still believe that the government will create something for the industry,” said Chandrakant Sanghvi is the regional convenor of the GJEPC.

Industry, however, has expressed hopes the country from the government to reconsider the decision and make some bailout package. “We have been approached by the central government package to help us out. We also have placed our country with a request that asks the government to cut electricity tariffs. The Government of the country may not agree to it, but consider that the industry has contributed to the country’s economy, the government needs to find several ways to help in the crisis, “said President of the Association of Diamond CP Vanani.


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