With Covid cases & lockdown norms not letting diamond units work in full capacity, $24 bn industry is looking forward to Diwali season hoping for demand to pick up.
As undertaker, Abdul Malbari has seen some of the worst disasters — 1998 Gujarat cyclone, 2001 Bhuj earthquake, 2013 Kedarnath floods. And now, he adds 2020 Covid to the list.
In a letter to all state chief secretaries, the finance ministry sought proactive and preventive measures amid rising incidents of violence against bankers on bank premises.
The video of a Canara Bank female employee being assaulted by a police constable in Surat went viral Tuesday. The accused was suspended after Sitharaman took up the matter.
With global economy sinking, safety issues in operations and Covid-19 load, the Surat Diamond Association is focussing on migrants' return and not revival of the industry.
Protesting migrant workers demanded that they either be sent back to their home states or allowed to resume work at local industrial units to earn money.
The Modi government along with civil society and local NGOs have played a major role in bringing normalcy to Surat by tirelessly serving the needy and hungry.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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