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Mines ministry proposes scrapping export tax on iron ore from Goa

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's mines ministry has written to the finance ministry to propose scrapping a 10 percent export duty on low-quality iron ore from Goa state, an official said, as miners urge the government to help boost sales amid a sharp fall in prices.

Mines Secretary Balvinder Kumar told Reuters he wrote to the finance ministry about two weeks ago, but they are yet to get back. Goa is known for low-grade ore used mainly by Chinese steel mills.

A finance ministry spokesman could not immediately be reached for comments.

(Reporting by Krishna N. Das; Editing by Subhranshu Sahu)

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First Published: Feb 02 2016 | 11:20 AM IST

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