West's latest sanction plan against Russia will majorly impact Indians. The G7 is set to impose sanctions on large rough diamonds sourced from Russia. The move would potentially threaten millions of jobs in India, which is the world’s largest cutting and polishing centre for gems. The ban, which would cover diamonds weighing one carat or more, is expected to be introduced at the G7 Hiroshima Summit in May. Led by Surat, the Indian diamond industry polishes nine out of 10 stones mined globally. Watch this video for full information.
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