Diamond Union Demands Benefits for Workers

By John Jeffay / December 13, 2023 / www.idexonline.com / Article Link

(IDEX Online) - The Diamond Worker Union Gujarat (DWUG) claims over half the state's 2.5m diamond workers are being denied minimum wage benefits guaranteed by labor laws. It is threatening a major protest unless its demands are met before Prime Minister Narendra Modi officially opens the new Surat Diamond Bourse (SDB) on Sunday 17 December.The DWUG claims wages have been cut by as much as 50 per cent during the current downturn.It is demanding an economic package for jobless diamond artisans, training opportunities, the end of professional tax for diamond workers and financial help for the families of those who have committed suicide.The union says the war in Ukraine has cost the industry many jobs, and that G7 sanctions, to be introduced on 1 January 2024, will only make things worse.The $355m SDB (pictured) opened last month. It has officially been recognized by Guinness World Records as the largest office building in existence (7.1m sq. ft of floor space), eclipsing The Pentagon, HQ of the US Defense Department.

Recent News

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com

Copper price forecast swinging significantly on shifting outlook

April 29, 2024 / www.canadianminingreport.com

Upgrades continue for 2024 gold price target...

April 22, 2024 / www.canadianminingreport.com

Gold stocks edge up as weak equities offset metal rise

April 22, 2024 / www.canadianminingreport.com

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok