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COVID-19: With gold artisans returning home, jewellery shop owners in Surat incurring losses

Jewellery shop owners in Surat, Gujarat are incurring losses as most of the gold artisans who hail from West Bengal have returned to their hometowns amid COVID fear. Also, there is less demand for gold these days.

With gold artisans returning home, jewellery shop owners in Surat incurring losses
With gold artisans returning home, jewellery shop owners in Surat incurring losses
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Published : Jul 11, 2020, 5:06 PM IST

Surat (Gujarat): Jewellery shop owners in Surat said they are incurring losses as gold artisans have returned to their native places and there is less demand for gold due to COVID-19.

With gold artisans returning home, jewellery shop owners in Surat incurring losses

Vijay Mangukiya, Secretary, Surat Jewellery Association said: "Around 70 per cent of artisans have left in COVID fear".

"Most of these artisans are from West Bengal. Our expenses are fixed but income has reduced as there is a shortage of labour as well as less demand for gold. If this continues, it will become difficult for jewellers to survive," said Mangukiya.

Also read: Gujarat: Diamond trader kills self after testing COVID-19 positive

According to the latest data available on the website of the Ministry of Health and Family Welfare, there are 9,468 active cases of coronavirus in Gujarat with 27,718 cured/migrated/discharged and 2008 deaths.

The total number of COVID-19 cases in India reached 7,93,802 on Friday, according to the Union Ministry of Health and Family Welfare.

Out of the total number of cases, 2,76,685 are active, 4,95,513 have been cured/discharged/migrated and 21,604 have died so far due to the infection.

ANI report.

Surat (Gujarat): Jewellery shop owners in Surat said they are incurring losses as gold artisans have returned to their native places and there is less demand for gold due to COVID-19.

With gold artisans returning home, jewellery shop owners in Surat incurring losses

Vijay Mangukiya, Secretary, Surat Jewellery Association said: "Around 70 per cent of artisans have left in COVID fear".

"Most of these artisans are from West Bengal. Our expenses are fixed but income has reduced as there is a shortage of labour as well as less demand for gold. If this continues, it will become difficult for jewellers to survive," said Mangukiya.

Also read: Gujarat: Diamond trader kills self after testing COVID-19 positive

According to the latest data available on the website of the Ministry of Health and Family Welfare, there are 9,468 active cases of coronavirus in Gujarat with 27,718 cured/migrated/discharged and 2008 deaths.

The total number of COVID-19 cases in India reached 7,93,802 on Friday, according to the Union Ministry of Health and Family Welfare.

Out of the total number of cases, 2,76,685 are active, 4,95,513 have been cured/discharged/migrated and 21,604 have died so far due to the infection.

ANI report.

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