The government will seek the opinion of the attorney general on the ban imposed by the Supreme Court on iron ore mining in Goa, Union minister Nitin Gadkari said a day after mining workers took to streets in protest.
BJP Goa unit chief Vinay Tendulkar and Union AYUSH minister Shripad Naik said that Union minister Nitin Gadkari, who will be on a two-day visit to Goa from on Monday, would try to find a solution to the problem.
Goa's mining industry body has sought clarity from the government on the commencement of mining operations in the state, warning that failure to do so could amount "harsh decisions", including layoffs in the sector.
The government decision to auction coal mines for sale of dry-fuel in return will bring higher investment, create jobs and bring efficiency in the sector, Coal Minister Piyush Goyal said.
At 10,797, Maharashtra registered the highest number of cases during this period, according to written reply to a Lok Sabha question by MoS for Mines and Coal Haribhai Parthibhai Chaudhary.
SC had last month quashed 88 mining leases in Goa and banned fresh extraction of ore from March 15 midnight on a petition filed by an NGO claiming that companies were carrying out mining in violation of various statutes.
Currently, about 94 percent of the mining is being done by government-owned entities Coal India and Singareni Collieries Company.
CM Manohar Parrikar said the SC ruling does not have any financial implications on Goa as the revenue earned by the state from the mining industry is a small amount.
The stakeholders are closely monitoring the situation, with the mine owners already terming the development as negative for the industry.
As a part of the project, a network of roads has been planned in South Goa district so that trucks avoid the main roads while transporting the iron ore from the mining leases to jetties on the river fronts.
Steel Authority of India Ltd (SAIL) was banking on the mine in the country's east to supply a big chunk of its raw material needs for a multi-billion-dollar expansion of its steel production capacity.
Amid the clampdown on the black money menace, names of more than 2.24 lakh companies have been struck off from the records and over 3 lakh directors have been barred from directorship for their associations with such firms.
Commercial mines are alloted without specifying the end use and allow private entities to sell the fuel to buyers across sectors such as power, cement and steel
The Supreme Court had passed an order in 2014 deallocating 214 mines.
The leading zinc producer is also expanding metal production capacity to 1.2 million tonnes (MT) by 2019-20 from around 1 million ton at present.
Digambar Kamat, former Goa CM, who held mining portfolio is being investigated by the Crime Branch along with several officials and mining firms in connection with illegal mining in the state between 2005-2012.
Here's a quick lowdown of the movers and shakers on Day 1 at the first ever Global Natural Resources Conclave in New Delhi.
"We should use as much swadeshi as possible for normal consumption," Agarwal said, adding that the company's entire production is consumed within India.
Research firm has a overweight call on the stock, citing the company being fastest-growing aluminium and zinc firm in the world; sees risks to balance sheet going down.
The company pledges to raise women board representation to 33 percent by 2020, the global natural resources firm said in a statement.
Industries, mine owners and contractors in Odisha owe Rs 7446.73 crore to the state government through water tax, sales tax, entry tax, excise duty, electricity dues and mineral royalty, State Finance Minister Pradip Kumar Amat said.
The company, which makes premium trucks for specialised sectors like mining, buses and construction equipment, also aims to cut logistics cost by achieving greater efficiency and minimising wastage.
Just over a year after the December 2015 Paris agreement on lowering global carbon emissions, mining bosses meeting in Cape Town this week said coal could be central for decades to come.