• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Wednesday, January 21, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Business

The Goa cabinet approved policy to permit export of iron ore dumps

by Economy India
December 29, 2021
Reading Time: 2 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

It has been reported that The Goa cabinet on Wednesday approved a policy to permit the export of iron ore dumps, which will allow the resumption of mining activity in the coastal state for the next four to five years. Speaking to reporters, Chief Minister Pramod Sawant said that 10 to 20 million metric tonnes of the low-grade iron ore was lying at different locations outside the mining leases, which can be exported as a part of the policy.

“Goa has enough ore to sustain the mining activity for the next four to five years. This ore is lying across the state at different places,” Sawant said.

ADVERTISEMENT

The state government’s policy will regularise mining dumps on government and private lands, the report said.

The chief minister further said that in the past, the State Land Revenue Code had empowered the state government to impose fines in case of where the land is used for dumping mining rejects or similar materials without the permission.

“We have collected fines to the tune of Rs 200 crore in 2013-14 from people who had dumped the ore outside the mining leases. Those who have paid the fines will be allowed to move the dumps after taking permission from the Indian Bureau of Mines and paying royalty payment as per the policy,” he said.

Sawant said that the dumps are allowed to be exported through the recent amendment to Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Amendment) Rules, 2021 that came into force from November 12, 2021, the report said.

As per the Central rule, the state government can permit the lessee to dispose of the mineral by taking permission from the Indian Bureau of Mines and paying the royalty to the state government, the report said.

The ore, which was overburdened, waste rock or below the threshold value generated during the course of mining or beneficiation of the minerals, can be exported, the chief minister added. (Economic Times)

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: Goa CabinetIronIron Ore
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

Maruti Suzuki’s ₹35,000 Crore Gujarat Investment Signals a New Phase in India’s Automobile Manufacturing Growth
Business

Maruti Suzuki’s ₹35,000 Crore Gujarat Investment Signals a New Phase in India’s Automobile Manufacturing Growth

January 17, 2026
NTPC’s ₹10,000 Crore Coal-to-SNG Bet in Chhattisgarh: Inside India’s Strategic Push Toward Energy Security, Gasification, and a Cleaner Coal Transition
Business

NTPC’s ₹10,000 Crore Coal-to-SNG Bet in Chhattisgarh: Inside India’s Strategic Push Toward Energy Security, Gasification, and a Cleaner Coal Transition

January 12, 2026
‘Dhurandhar’ Becomes Highest-Grossing Hindi Film in India, Crosses ₹831 Crore; Surpasses ‘Pushpa 2’ Record
Business

‘Dhurandhar’ Becomes Highest-Grossing Hindi Film in India, Crosses ₹831 Crore; Surpasses ‘Pushpa 2’ Record

January 7, 2026
Infosys to Hire 21,000 Freshers in 2026; Salary Packages Up to ₹21 Lakh as Company Pushes AI-First Strategy
Business

Infosys to Hire 21,000 Freshers in 2026; Salary Packages Up to ₹21 Lakh as Company Pushes AI-First Strategy

December 27, 2025
Coca-Cola India FY25 Profit Jumps 46.3% to ₹615 Crore, Revenue Crosses ₹5,000 Crore Mark
Business

Coca-Cola India FY25 Profit Jumps 46.3% to ₹615 Crore, Revenue Crosses ₹5,000 Crore Mark

December 19, 2025
Adani Group to Invest ₹10–12 Lakh Crore in India Over Next Six Years
Business

Adani Group to Invest ₹10–12 Lakh Crore in India Over Next Six Years

December 15, 2025
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

Review introduction of LTC cash voucher for govt employees in Budget: FHRAI to FM

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Silver Breaks the ₹3 Lakh Barrier: A 200% Rally, Industrial Boom, and Why ETFs Are the Preferred Investment Route

Gaza Peace Initiative: Trump Invites India to Join ‘Board of Peace’

Indian Stock Markets Brace for a Volatile Week

Budget 2026: Three Big Expectations of Stock Market Investors

Amway India’s Loss Widens to ₹74.25 Crore in FY25 as Sales Decline Amid Market Challenges

BJP National President Election: Nitin Navin Set for Unopposed Victory as Top Leadership Gathers in Delhi

Trump Slaps 10% Tariffs on Eight European Nations Over Greenland Dispute, Threatens Hike to 25% From June

Trump Reiterates Claim of Preventing India–Pakistan Military Escalation, Sparks Diplomatic Debate

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved