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Lab Grown Diamonds: From diamond forever to for everyone

The Morning Brief

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Can Diamonds Be for Every Pocket?

Government is said to be considering bringing in a product-linked incentive or PLI scheme for lab-grown diamonds. If one has to avail this PLI scheme, the unit will be required to invest a minimum of Rs 50 crore and achieve a turnover equal to double the investment. State bank of India used to give loan to the natural diamond players. They are also thinking to give working capital support to the lab-grownDiamonds.

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