Not too long ago, a farmer named Mulayam Singh modified his life when he dug a 13-carat diamond price about Rs 5 million (greater than VND 1.5 billion) in Panna district, Madhya Pradesh state, India.
Panna is legendary for its diamond mines and previously many individuals turned wealthy once they found a treasured gem within the mud. Even so, Mr. Mulayam Singh couldn’t consider his eyes when he dug such a high-class high-class diamond weighing precisely 13.47 carats. As well as, he and different associates additionally dug 6 different small diamonds.
In response to Anupam Singh from the Diamond Workplace, the market value of a tough diamond is estimated at round Rs 5 million however the precise value will probably be mounted at public sale as per the federal government pointers. The proceeds from the public sale will probably be given to the farmer after deducting taxes and authorities royalties.
Mulayam Singh is happy to say that he has 6 associates and can divide the cash from the diamond public sale equally amongst them. This cash will probably be invested by the farmer in his youngsters’s training.
The Indiatoday newspaper studies that the Panna district has an estimated 1.2 million carats of diamond reserves. The Madhya Pradesh state authorities leases small plots of land to farmers within the Panna diamond reserve and permits native employees to mine the diamonds and deposit them with district mining employees.
>> See extra: 15 odd objects however encrusted with gold, inlaid with diamonds and priced within the sky
(In response to India Right now)