HomeNewsIndiaCentre asks Jharkhand to auction 10 mineral blocks, warns it will go ahead if state fails to do so

Centre asks Jharkhand to auction 10 mineral blocks, warns it will go ahead if state fails to do so

As per the amendment in mining rules in 2021, the Centre has the power to put on sale mineral blocks in case a state government fails to auction the mines within the mutually agreed period.

July 14, 2024 / 11:35 IST
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Centre asks Jharkhand to auction 10 mineral blocks, warns it will go ahead if state fails to do so
Centre asks Jharkhand to auction 10 mineral blocks, warns it will go ahead if state fails to do so

The mines ministry has asked the Jharkhand government to put on sale 10 mineral blocks, including a gold mine, and warned that if the state failed to do so, the Centre will begin the auction process, sources said.

The blocks are in the G2 (general) and G3 (preliminary) level of exploration, they said.

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The ten blocks include one copper mine, one limestone mine, and a graphite mine, the sources added.

As per the amendment in mining rules in 2021, the Centre has the power to put on sale mineral blocks in case a state government fails to auction the mines within the mutually agreed period.