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

Auctioning leases the only way out: Goa govt on mining ban

Press Trust of India  |  Panaji 

A cabinet committee in is of the view that auctioning the leases is the only way to resolve the crisis in the industry.

The cabinet advisory committee's members - Sudin Dhavalikar, and - met yesterday to discuss what steps the needed to take to help the industry and its stakeholders.

The panel also resolved to file a review petition in the (SC) in connection with the issue.

The SC had last month quashed the second renewal of iron ore leases given to 88 companies in in 2015.

The apex court 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.

They are directed to stop all operations with effect from March 16, until fresh leases (not fresh renewals or other renewals) are granted and fresh environmental clearances are granted, the court had said.

Goa's Dhavalikar said today that the state has no other option but to auction the leases.

"Nobody can stop the auction as there is a Supreme Court order...we cannot ignore it," he told reporters here.

Dhavalikar, however, said the will examine the implications of the auctioning process as the interest of people dependent on this industry needs to be protected.

Sardesai also agreed to Dhavalikar's view, but cautioned that the auctioning of leases "should not be done at the cost of people dependent on the industry."

"What is option before us? We have to go as per the apex court, which is supreme in the country," he said.

Sardesai said while taking any stand in the matter, the priority should be to ensure that locals are not out of business.

D'Souza also said auctioning of leases seems to be the only option, but added that a final call on the issue has to be taken by

Parrikar is currently in the US for a medical treatment.

Before leaving Goa, the had formed the cabinet advisory committee to guide the on various matters in his absence.

The fresh extraction of ore from the leases will stop from tonight, as per the SC directives.

The has drawn a detailed plan to stop the fresh extraction of ore, its and also moving out of the from the sites.

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

First Published: Thu, March 15 2018. 14:15 IST
RECOMMENDED FOR YOU