After 2 yr gap Iron ore mining at Donimalai to resume soon
Team Udayavani, Sep 16, 2020, 11:07 AM IST
Bellari: Iron ore mining at Donimalai in Bellari district, which had been stopped since 2018 will be resumed soon and the state government is expecting to earn revenue of Rs 647 crore a year from it.
This was decided at a cabinet meeting here. Donimalai is rich in iron ore and was in the custody of state-owned NMDC for 50 years when its lease period ended in 2018, sources in the government privy to the issue said.
Since then the renewal did not happen as Karnataka wanted a premium of 80 percent, which NMDC did not agree to, the sources said, adding that the state was losing GST, royalty, premium, economic activities around Donimalai, and employment opportunities to the people working there.
“We have resolved that the impediment pertaining to NMDC mine lease is removed. Consent has been given to start mining at Donimalai in Sandur Taluk,” law and parliamentary affairs minister J C Madhuswamy said at a media briefing after the cabinet meeting.
The state had been losing revenue ever since the mining was stopped, he said and recalled that Chief Minister B S Yediyurappa and Union Minister for Coal and Mines Pralhad Joshi had held a meeting last month and resolved to sort out the matter.
“The Karnataka government expects to earn a revenue of Rs 647 crore a year from the mine,” he said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Davangere: MLA Basavantappa returns Rs 1.2 lakh left behind at shop
Ullal: Man attacked for allegedly providing information on illegal sand mining
Woman dies after being hit by luxury car driven by ‘drunk’ youth in Karnataka
Mangaluru: Coastal K’taka professionals shine globally, says MResult CEO Chandrashekhar Naik
MLA Bharat Shetty condemns attack on Edneer Math Swamiji’s vehicle in Kerala
MUST WATCH
Latest Additions
India, Australia strategic partnership growing steadily: EAM Jaishankar
Davangere: MLA Basavantappa returns Rs 1.2 lakh left behind at shop
Ullal: Man attacked for allegedly providing information on illegal sand mining
Woman dies after being hit by luxury car driven by ‘drunk’ youth in Bengaluru
Woman dies after being hit by luxury car driven by ‘drunk’ youth in Karnataka
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.