




The Mines and Minerals (Development and Regulation) Amendment Bill, 2015, which will replace an ordinance promulgated in January, was passed amid vociferous protests by members from TMC, BJD and RSP.
India is considering implementing a separate duty structure for exports of iron ore from Goa, the country's top exporting state, and will look at raising import duties to stop dumping of steel, the mines and steel minister said on Thursday.
India is considering implementing a separate duty structure for exports of iron ore from Goa, the country's top exporting state, and will look at raising import duties to stop dumping of steel, the mines and steel minister said on Thursday.
Steel and mines minister Narendra Singh Tomar, did not pitch for slashing export duty on iron ore in order to ensure long-term raw material security for the domestic firms.
The production of Manganese Ore India Ltd (MOIL) is expected to double to 1 lakh tonnes a year following the inauguration of a new vertical shaft at its Mansar mine.
The minister "directed NMDC to enhance production incrementally and aim for annual production of 75 mtpa iron ore by 2018-19 and 100 mtpa by 2020-21, to increase iron ore availability in the country", said an official release after the meeting.
Recently, a section of EPFO had favoured investment of a part of corpus in the equity of profit-making public sector blue chip companies.