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Gujarat Govt Unveils Special Package for Diamond Industry
May 25, 2025
|Financial Express Lucknow
The Gujarat Government announced a special package for the diamond industry under which it will pay school fees for workers' children for a year and offer interest subsidy on capital for polishing units.
Minister of state for home, Harsh Sanghavi, made the announcement in 'Diamond City' Surat, where 90% of the world's diamonds are cut and polished. The diamond industry has been hit by a slowdown due to international factors.
Under the special package, the government will pay school fees for the children of the affected diamond workers for a year. While polishing units will get exemption from electricity duty for a year, the government will offer an interest subsidy for three years on a capital of Rs 5 lakh.
هذه القصة من طبعة May 25, 2025 من Financial Express Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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