22 Blocks auctioned till date; estimated value of over 1 lakh Cr disposed off in transparent manner
With this successful auction of one limestone block in Raipur District, a total of twenty two blocks with estimated value of resources over 1 lakh Crore has been disposed of in a transparent manner till date. The total estimated revenue accrued to the State Governments over the lease period stands at Rs 85,253 Crores with Rs 67,502 Crore as additionality to the States exchequer through auctions. Out of this the cumulative Royalty, District Mineral Fund (DMF) and National Mineral Exploration Trust (NMET) contributions work out to be Rs. 17,752 Crores (Rs. 15,850 Crores, Rs.1,590 Crores and Rs.317 Crores, respectively).
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