"The state govenrment will fix a ceiling price on the transporation of mineral within the state. It will be enforced from July 1. The trasnport agencies or truck owners would be forced to accept the ceiling price," said director of mines Deepak Mohanty after attending a meeting presided over by Chief Secretary G C Pati.
Mohaty said the government took this decision after realising that different mineral transporter make charges as per their whims which ultimately affected the price of ore due to high transportation price. "Now, the transporters can not go beyond a certain price," Mohanty said.
"The state level technical committee will take the final decision on the ceiling price on mineral transportation," Mohanty said.
Earlier on May 15, the state government had decided to introduce e-tendering process for smooth and trasnparent trasnportation of minerals from the pit heads to the end users.
The state owned Odisha Mining Corporation (OMC) was assigned to decide the modality for the e-tendering of the mineral transporation.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
