The data collected by the Union mines ministry shows 288 leases are due to lapse by March 31, 2020
SUBSCRIBE STOCK MARKET TIPS, 2 DAYS TRADING TRIALS AND FREE COMMODITY TIPS ON MOBILE
Visit us at - Stock Advisory in Indore
0731-2427007 | Customer Care Services
States seem to be in no hurry to prepare action plans for the auction of mineral blocks whose lease will expire in 2020. This is despite a letter by the Centre exhorting states to start the auction of such mineral leases by July 1, 2019, to give prospective miners ample time to make the mines functional.
“Though the leases expire on March 31, 2020, it would be appropriate for the states to start auctions of the mines by July 1, 2019. This will give the successful bidders the time to mobilise as well as time to obtain various clearances before commencing mining operations,” Union Mines Secretary Arun Kumar said in a letter, dated November 24, to the chief secretaries of mineral-rich states. “It is, therefore, of utmost importance that an action plan for auctioning these expiring leases is prepared at the earliest,” Kumar further said, while seeking the submission of action plans within a fortnight. So far, only Andhra Pradesh has submitted its plan.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.