Commodities Live: 2.5 Lakh Surat Diamond Industry Workers On The Brink Of Job Loss Amid Ukraine-Russia War
Zee Business Video Team | Updated: May 21, 2022 12:22 PM IST
The ongoing Russian-Ukraine war between Russia and Ukraine has put the business of carving diamonds in Surat in jeopardy. The supply of diamonds has been disrupted due to the Russia-Ukraine war. For this reason, diamond polishing units in Surat have asked 250,000 artisans to go on a 15-day leave. The Russian government has a stake in Alrosa, the world's largest diamond miner. The US banned this company on April 8. The US banned this company on April 8. Due to this, 30 percent of the rough diamond (kharar) supply in the world has been affected. Watch this special report on Commodities Live with Mrityunjay Kumar Jha.