Odisha wants coal royalty to be revised in Budget 2017

Odisha govt has proposed freight corridor connecting Vizag wth Kolkata and passing through the state

The Odisha government has revisited its demand for revision of coal royalty in the run up to the Budget for 2017-18. The demand for revising coal royalty was made by state Finance Minister Pradip Amat at the recent pre-Budget consultative meeting organised with states by the Centre.

"The royalty on coal was last revised by the government of India in April 2012. As per norm, the rate of royalty on coal should be revised every three years, which is due for revision in April 2015. It is requested that the Government of India should revise the royalty on coal immediately