Today in New Delhi, India
Oct 05, 2018-Friday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Farmer finds diamond worth Rs 30 lakh after 2-year dig in MP village

Prakash Sharma says he will invest the money he gets from the diamond in starting a business.

india Updated: Sep 14, 2018 23:37 IST
Anupam Pateriya
Anupam Pateriya
Hindustan Times, Bhopal
diamond,Madhya Pradesh,Panna mines
Diamond polishers in Gujarat’sSurat city.(Reuters file photo)

A marginal farmer in Panna district, 413 km north of Bhopal, found a diamond worth Rs 30 lakh, said a government official on Friday.

Prakash Sharma found the 12.58 carat diamond on a land he had leased near his village Janakpur, said Panna district diamond mining officer Santosh Singh. “The diamond has been deposited in our office. Its quality is good,” said Singh.

“According to our gem experts the diamond’s starting price can be around Rs 30 lakh. The price can go up further during an auction next month”, he said.

Sharma told journalists he was overjoyed. He had been digging the 25×25 feet land for two years to find a diamond. “I didn’t engage local labourers, as I couldn’t afford them. I will invest the money once I get from the auction in business and farming”, he said.

According to the mining officer, 11% of the amount from the auction will go to the state government.

First Published: Sep 14, 2018 22:29 IST