Financial Daily from THE HINDU group of publications
Saturday, Nov 06, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Gems & Jewellery


On the cutting edge

K.K. Mustafah

A diamond worker in Thrissur. These skilled workers, spread over five panchayats of Thrissur district, are facing a crisis as their jobs are taken away by workers in Gujarat and Maharashtra, where wages are low. There used to be over 25,000 workers engaged in cutting and polishing of diamonds in the district. Their number has now come down to around 5,000. The number of diamond units has dropped from 300 to 70. Frequent strikes, high cost of power and higher wages have put most of them out of business.

More Stories on : Gems & Jewellery

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
11 killed in cracker blast in Srikakulam


XLRI proposes EPFO revamp
Bond prices crash over inflation, interest rate worries
Fund flows to emerging markets may continue
Inflation rises on costly food, minerals
FIPB defers decision on higher royalty payment by Denso Haryana
Concern over rising abuse of natural resources
Recovery of dues: SC adjourns ESIC petition
Vendors' meet at NMDC
Left, Opposition flay petro price hike
`Fuel price hike may cause hardening of rates'
Under fire
Glaxo wants norms relaxed for non-patented molecules import
State power generating cos to enter into purchasing pact with DisCos
AP industries may get power at Rs 2 a unit
Software sold off the shelf is liable to sales tax: SC
SC ruling to hit IT sector: Nasscom
Expansion of tax base key to cut in corporate taxes: Shome
DGFT order on worn, used cloth puts Gujarat units in a bind
Despite positive quarter FMCG sector awaits revival
Air Force proposes aeronautical engg college in Bangalore
Ethiopian team at ANGRAU
Govt finalising food processing policy
On the cutting edge
`Title deeds in 100 days': Minister
Working groups formed to deliberate biotech policy
Non-life public insurers may tap capital market
AP Ministers assess PDS
Small agri-biz consortium to become VC fund
PM moots rural business hubs
Rural women urged to utilise facilities offered by Karnataka Govt, NGOs
In Hyderabad today
`Auto components exports to touch $20 b in next 10 years'
Reliance to foray into medicinal farming
Sun shines for Kerala tourism sector



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line