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BHUBANESWAR: The Confederation of Indian Industries (CII) has written to the Odisha State Pollution Control Board (OSPCB) requesting it to find a suitable alternative to physical public hearings for granting environment clearances.
In view of the prevalent Covid-19 situation, the OSPCB has cancelled the public hearings for mining and industrial projects. The CII and the Federation of Indian Mineral Industries (FIMI) have also urged the forest and environment ministry to intervene in the matter and allow virtual public hearings.
“The cancellation order of the OSPCB has affected 10 projects, whose public hearings were scheduled between April 14 and June 30. These have the capacity to enhance iron ore production to 25.86 metric tonne per annum, which can help generate Rs 3,600 crore revenue every year. The cancellation of the hearings will affect the employment generation in the respective regions as well,” Manish Kharbanda, CII chairman (Odisha state counc
FIMI urges govt to remove trade barriers imposed due to e-auction mechanism
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Last Updated: Apr 05, 2021, 03:22 PM IST
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Karnataka is the only state in India where the miners have no commercial freedom to sell their product, where entire ore has to be sold through institutionalised e-auction to parties meeting eligibility criteria- domestic-end users, FIMI, Southern Region, said in a statement.
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Various rigorous conditions which are now strangling the iron ore industry were imposed by the Supreme Court in 2011, the FIMI claimed.
The Federation of Indian Mineral Industries (FIMI) on Monday urged the Centre and state governments to remove various restrictions imposed exclusively on iron ore trade in Karnataka.
The Federation of Indian Mineral Industries (FIMI) on Monday urged the Centre and state governments to remove various restrictions imposed exclusively on iron ore trade in Karnataka. Karnataka is the only state in India where the miners have no commercial freedom to sell their product, where entire ore has to be sold through institutionalised e-auction .
Karnataka losing ₹8,000 cr revenue per year: FIMI
April 05, 2021
The gross loss over a 5-year period to Karnataka is about ₹30,000 crore, says FIMI - K MURALI KUMAR
The gross loss over a 5-year period to Karnataka is about ₹30,000 crore, says FIMI - K MURALI KUMAR×
Trade body urges govt to remove of trade barriers imposed due to e-auction mechanism The Federation of Indian Mineral Industries (FIMI), Southern Region has requested the Karnataka government to file the reply before the Supreme Court at the earliest favouring freedom of trade for iron ore lessees.
“We have sought State government’s help as the strict conditions have weeded out the illegal elements and established robust monitoring systems, perpetuating the requirement for e-auction of iron ore by Monitoring Committee and prohibition on export of iron ore and pellets are causing sustained loss to State exchequer, and hindering development of minerals and socio-economic development of mining area
Operations at NMDC Donimalai mine to improve domestic iron ore supply: Experts
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Last Updated: Feb 21, 2021, 04:55 PM IST
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Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say.
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Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say. Mining at NMDC s 7-million tonnes per annum (MTPA) Donimalai mine in Karnataka resumed from Thursday. After remaining closed for over two years, the country s largest iron ore miner company was able to resume operations following the necessary permission and clearances from the Karnataka government.