Business Standard

Sunday, January 05, 2025 | 11:26 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Odisha falls behind in pace of mineral block auctions, Karnataka leads

Out of the 68 mineral blocks auctioned across India till August 6, only five were up for bidding in Odisha: three iron ore and rest limestone and manganese.

NMDC under pressure to cut iron ore prices for April
Premium

Jayajit Dash Bhubaneswar
Odisha was the first off the mark in auctioning an iron ore block, but is now trailing in putting more online for sale.

Out of the 68 mineral blocks auctioned across India till August 6, only five were up for bidding in Odisha: three iron ore and rest limestone and manganese.

Karnataka led the field by auctioning 18 blocks. The figure includes 14 Category C mines, which were auctioned on the Supreme Court's orders before the amended Mines and Minerals- Development & Regulation (MMDR) Act of 2015 was promulgated. Last month, Karnataka auctioned four iron ore blocks- three of which

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