Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
With the approval for a revised policy, the Goa government is eyeing a revenue of about Rs 500 crore from e-auction of unclaimed iron ore heaps lying on private lands, Chief Minister Pramod Sawant said on Thursday. The state government on Thursday approved the revised Goa Iron Ore Mining Dump Handling Policy, 2023, which allows it to e-auction unclaimed ore lying in the form of dumps at various private locations in the state. The iron ore mining. a major source of revenue, has been halted in the coastal state since 2012 following a Supreme Court order. The state has now begun e-auctioning of the mining blocks. The iron ore dumps, which have been lying at various locations in the state, have remained untouched since mining operations stopped in 2012. Briefing the media after the cabinet meeting, Sawant said under the revised mining dump policy, the heaps of ore that are "unclaimed on private land without payment of the land conversion fee" will be e-auctioned by the state ...
The mining community of Goa -- mining workers, people employed in the logistics industry, barges, ports, etc., is appealing to the SC, Central and State govts to restart mining in the state
Closure of mines and disruptions due to changes in legislations has thrown the sector out of gear, curtailing production and endangering jobs
The closure of iron ore mining, a key source of revenue for the government in the tiny state, had adversely affected livelihood of thousands of people
The Supreme Court in March 2018 scrapped licences given to mining companies in the state.
Various politicians from Goa, including ministers, MPs, MLAs and other party office-bearers met the protesters in Delhi over the last two days
Goa exporters' association writes to state Chief Minister