New mining policy to be in place by next month: Goa CM

The apex court, in its order last month, cancelled all the mining leases in Goa which were not renewed after 2007 and at the same lifted an 18-month-old ban on iron ore extraction in the coastal State

Press Trust of India Panaji
Last Updated : May 25 2014 | 10:08 PM IST
Goa Government has said it will adopt a transparent mechanism to award mining leases in future and was studying the Supreme Court order lifting ban on iron ore extraction before taking a decision on vacating current mine operators whose fate hangs in balance.

Chief Minister Manohar Parrikar told PTI the lease owners technically continue to remain in possession of mining sites as the State government was still analysing the Supreme Court judgement."

The apex court, in its order last month, cancelled all the mining leases in Goa which were not renewed after 2007 and at the same lifted an 18-month-old ban on iron ore extraction in the coastal State.

The order meant the mining leases were rendered illegal and they become a State property.

Parrikar said his Government will decide the fate of these mining leases through a transparent mining policy which is likely to take shape by next month.

"We are also waiting for the new Government at the Centre to get in the saddle so that we can draft the policy in consultation with them," he said.

Goa had 90-odd mining leases when operations were temporarily banned by the Supreme Court in October 2012.

The ban came after Justice M B Shah Inquiry Commission found that illegal mining worth Rs  35,000 crore was carried out in the State from 2005 onwards.

A Special Investigation Team (SIT) of Crime Branch is currently looking into the alleged irregularities for which officials of State Mines Department and former Congress Minister Digambar Kamat have come under the scanner.

These leases were granted some four decades back when mining had just started in the State.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 25 2014 | 8:55 PM IST

Next Story