1) Gems and jewellery contributes 13 per cent of India’s overall merchandised exports. However, India doesn’t trade in rough diamonds. Examine why. Also examine if India has taken any measures to allow trade in rough diamonds and how this measures is likely to benefit India.

Topic:Distribution of key natural resources across the world (including South Asia and the Indian subcontinent); factors responsible for the location of industries

1) Gems and jewellery contributes 13 per cent of India’s overall merchandised exports. However, India doesn’t trade in rough diamonds. Examine why. Also examine if India has taken any measures to allow trade in rough diamonds and how this measures is likely to benefit India. (200 Words)

Business Standard