New mining policy to be in place by next month: Goa CM

Tags: Mining, News
Goa Government has said it will adopt a transparent mechanism to award mining leases in future and was studying the Supreme Court order lifting ban on iron ore extraction before taking a decision on vacating current mine operators whose fate hangs in balance.

Chief Minister Manohar Parrikar told PTI the lease owners technically continue to remain in possession of mining sites as the State government was still analysing the Supreme Court judgement."

The apex court, in its order last month, cancelled all the mining leases in Goa which were not renewed after 2007 and at the same lifted an 18-month-old ban on iron ore extraction in the coastal State.

The order meant the mining leases were rendered illegal and they become a State property.

Parrikar said his Government will decide the fate of these mining leases through a transparent mining policy which is likely to take shape by next month.

"We are also waiting for the new Government at the Centre to get in the saddle so that we can draft the policy in consultation with them," he said.

Goa had 90-odd mining leases when operations were temporarily banned by the Supreme Court in October 2012.

The ban came after Justice M B Shah Inquiry Commission found that illegal mining worth Rs 35,000 crore was carried out in the State from 2005 onwards.

A Special Investigation Team (SIT) of Crime Branch is currently looking into the alleged irregularities for which officials of State Mines Department and former Congress Minister Digambar Kamat have come under the scanner.

These leases were granted some four decades back when mining had just started in the State.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Signalling good times, current account deficit is likely to grow from here on

    The current account deficit (CAD) numbers for April-June quarter declined sharply to 1.7 per cent of GDP.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Disruptive innovation in education

The past two weeks had a fair share of interesting ...

Rajgopal Nidamboor

Regain the spirit of focused power

For aeons, the human race has been experimenting with a ...

Gautam Gupta

Manufacturing must keep workers’ welfare in mind

It may be early days yet, but the labour reforms ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture