Business Standard

Iron ore cap in Karnataka still not enhanced despite Supreme Court's order

The apex court has lifted the five-year-old ceiling from 30 million tonnes to 35 million tonnes for the A and B category mines

Supreme Court
Premium

Illustration: Ajay Mohanty

T E Narasimhan Chennai
Last month, Supreme Court has enhanced the cap, limit to iron ore mines in Karnataka, by five million tonnes to 35 million tonnes. However, industry representatives have said that the cap not increased, which resulted in loss of around Rs 6.5 billion to the Karnataka Government and for the industry.

The apex court has lifted the five-year-old ceiling from 30 million tonnes to 35 million tonnes for the A and B category mines.

In a letter to the Chairman of Central Empowered Committee, H M Khyum Ali, Director, Federation of Indian Mineral Industries (FIMI), South, on Wednesday has

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in