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Gujarat

Gem artist commits suicide in Surat, family blames diamond company

by TLAteam October 9, 2024October 9, 2024
written by TLAteam October 9, 2024October 9, 2024
Gem artist commits suicide in Surat, family blames diamond company

A gem artist living in the Varachha area here hung himself to death at his residence to denial of the bonus drove him to take this fatal step.

Business News

Police investigations revealed that over the past two days, more than 500 gem artists working for the company had protested by staying away from work, demanding the promised bonuses.

The recession in the diamond industry has led to significant financial strain, with workers receiving only ₹15,000 to ₹20,000 per month in recent months, compared to their usual earnings of ₹50,000 to ₹60,000. The company’s refusal to grant bonuses further exacerbated the situation for many workers, including Singh.

According to the family, Singh, unable to cope with the mounting financial burden, hung himself. Based on the family’s complaint, the Varachha police have taken necessary actions and are investigating the matter.

The diamond sector employs over 1.3 million people nationwide and is primarily centred in Gujarat’s Surat, home to over 800,000 workers.

However, the industry is currently grappling with a sharp decline in activity, driven by global and domestic challenges that have severely impacted import and export operations over the past three years.

One key factor contributing to the downturn is the disruption of rough diamond supplies to India, triggered by international conflicts such as the Russia-Ukraine war and the escalating situation in Israel. These conflicts have hampered the flow of raw materials, forcing many factories to close or drastically reduce working hours, leading to defaults and job losses.

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