The demonetisation brought in by Prime Minister Narendra Modi has had a devastating impact on Indias largest man-made fabric hub at Surat, in his home state Gujarat. The city is known for its diamond polishing and textile units across India. Before ... catchnews.com, 2 months ago
The diamond industry in India is the biggest in the world. However, it has lost it sparkle after the demonetisation drive announced by Prime Minister Narendra Modi on 8 November. While the bigger players, who have been operating through cheques and drafts, ...catchnews.com, 2 months ago
Workers who had gone to their hometowns and did not return for work after Diwali vacation owing to the demonetisation impact have now started trickling back to the industrial hubs in Gujarat, say Vimukt Dave & Sohini Das. Image: Artisans from West Bengal have returned to their jobs in the gold jewellery sector. Photograph: Danish Siddiqui/Reuters If not in ATMs in the country, remonetisation seems to have happened in industrial clusters of Gujarat. Workers who had gone to their hometowns ...Rediff.com, 3 weeks ago
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