The office will now auction this diamond, said Anupam Singh, an official of the Panna diamond office.
District collector Suresh Kumar said as is the usual practice, the gemstone would be put up for open bidding at the next diamond auction and the proceeds would be given to the labourer, after the state deducts government royalty and taxes.
He said this was the largest diamond found in Panna shallow mines this year and would undoubtedly be a centre of attraction at the auction.
“I will buy farmland, spend on my children’s education, and most importantly, pay off the Rs 4-lakh debt after getting the royalty,” Raju said.
The Panna district in the state’s Bundelkhand region is estimated to have diamond reserves of 12 lakh carats. The central government-owned National Mineral Development Corporation has a fully mechanised set-up in Panna, the only such diamond mine in the country.
Besides, the state mining department also offers small tracts of land on lease for excavation to private parties or individuals.
Published 24 July 2024, 22:28 IST