Thursday, October 20, 2011

Diamonds

           Diamonds are considered to be one of the most precious stones in the world. The best git that one can give to their loved ones is a diamond jewellery. It is a billion dollar industry across the globe which makes a huge portion of many economies in the world. A lot of African countries depend substantially on the export of diamond for their survival. It creates a lot of jobs in countries like India, China, Australia, Canada and many others. However, there is a lot more to it.
          Among others, the issue of child labor is prevalent in the diamond industry. Children below the age of 12 are made to work more than 12 hours a day in the periphery countries involved in diamond supply chain. Specially in India, atleast 40 percent of the total labor force in the diamond industry is made up of childern. Moreover, many kids are smuggled from the villages to work in the industry in Africa so that the labor cost stays down. Also there are more than 1 million child soldiers in Africa who are trafikked from their home towns to be a part of the military of rebellions
          Apart from that, the problem of blood diamonds is also been around for a while. Blood diamonds are the diamonds which are smuggled from one country to another and the funds are used to support the militants groups in Africa. All the countries invovled in diamond trading did make a convention of not dealing in blood diamonds but still the smuggling of diamonds to support the evil doers has not completey stopped.

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