You are here: Home » PTI Stories » National » News
Business Standard

Goa modifies earlier order, allows iron ore extraction till

Press Trust of India  |  Panaji 

Tweaking its previous order, the Mines and Geology department today allowed lease-owners to continue extracting from different leases till March 15 on their request, an said. In a notification issued earlier in the wake of a order, the department had sought closure of tapping fresh minerals from March 13 onwards. In its order dated February 7, the apex court quashed 88 leases in and asked them to stop extraction of ore from March 15 onwards. In the wake of the SC order, the Mines and Geology department had directed the leases to stop extraction from March 13. However, the department today stated the lease holders can continue extraction of ore till 7 PM of March 15. said lease-holders had met him and requested the extraction of ore be allowed till March 15 as per the SC order. "Modifying earlier instructions, the lease holders are now allowed to continue their operations of extraction till March 15 under the supervision of of Mines, Indian Bureau of Mines, Margao," as per the latest order. The will allow of ore from the leases till 7 PM of March 15, it stated. "As far as the and other movable and immovable properties of lease-holders are concerned, the same shall be dealt with in accordance with the provisions of the Mines and Minerals Development and Regulation Act 1957, and Rules made thereunder, hence earlier instructions stand modified," Acharya said. The apex court had said it was giving time till March 15 to lease holders, who have been granted a second renewal in violation of its previous directions, to manage their affairs. is staring at a revenue loss of Rs 3,500 crore annually and downscaling of nearly two lakh jobs following the SC order.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 12 2018. 20:00 IST
RECOMMENDED FOR YOU