Advertisement
Wednesday, Dec 08, 2021
Outlook.com
Outlook.com

Digging Fortune: MP Farmer Mines Diamond, Sixth Time In Two Years

The 6.47 carat diamond will be put up for sale in the upcoming auction

Digging Fortune: MP Farmer Mines Diamond, Sixth Time In Two Years
The 6.47 carat diamond is likely to fetch around Rs 30 lakh in the auction. | Representational Image
Digging Fortune: MP Farmer Mines Diamond, Sixth Time In Two Years
outlookindia.com
2021-08-28T11:29:56+05:30

A farmer in Panna district of Madhya Pradesh has mined a high-quality diamond weighing 6.47 carat in a land taken on lease from the government.

This is the sixth time that the farmer, Prakash Majumdar, has mined precious stones in the last two years.

Majumder found the sixth diamond from a mine in Jaruapur village in the district. He said that he had found a 7.44 carat diamond last year. He had mined four other precious stones weighing 2 to 2.5 carat in the past two years.

Nutan Jain, in-charge diamond officer said that the 6.47 carat diamond will be put up for sale in the upcoming auction. She said that the price will be fixed as per the government guidelines, she said.

Majumdar said that he will share the amount received from the auction with his four partners engaged in quarrying the mine.

"We are five partners. We got the diamond weighing 6.47 carat, which we deposited at the Government Diamond Office," he told reporters on Friday.

Officials said that the raw diamond would be auctioned and the proceeds would be given to the farmer after deduction of government royalty and taxes.

As per the private estimates, the 6.47 carat diamond is likely to fetch around Rs 30 lakh in the auction.

Panna district is estimated to have diamond reserves of 12 lakh carats. The state government gives small patches of land on lease in Panna diamond reserve area to local farmers and labourers to mine diamonds and deposit them with the district mining officer.

(PTI inputs)

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Why A Democratic India Must Junk Draconian AFSPA

Why A Democratic India Must Junk Draconian AFSPA

Experts believe the AFSPA has caused more harm to the Indian State in insurgency-hit areas than mitigating problems. Here’s why.

Nagaland Ambush: Not Just AFSPA, It’s Time To Do Away With Most Special Laws

Nagaland Ambush: Not Just AFSPA, It’s Time To Do Away With Most Special Laws

It may be time for India to uphold human dignity, take a hard look at some of its regressive laws like AFSPA which includes Special Laws that authorises detention without trial.

Ashes 2021-22: Australia Start Favourites - Statistical Preview

Ashes 2021-22: Australia Start Favourites - Statistical Preview

The Gabba has been like a fortress for Australia in the Ashes. The Aussies have a 12-4 win-loss record in Brisbane and they will do everything to protect that record.

Why AFSPA In Jammu And Kashmir Is Not Just A Defence Act

Why AFSPA In Jammu And Kashmir Is Not Just A Defence Act

Has the AFSPA become an ideological Act, a tool to revise Kashmir history? Many analysts believe so.

Advertisement