TN's mineral revenue for 2017-18 Rs 1,106 Cr, says Minister

Image
Press Trust of India Chennai
Last Updated : Jun 07 2018 | 8:45 PM IST

Tamil Nadu netted mineral revenue of Rs 1,106 crore in 2017-18 due to 'effective' measures taken by the government to increase it, the state assembly was informed today.

Announcing this, Law Minister C Ve Shanmugam, who also holds the Mines and Minerals portfolio, said by effective monitoring, 144 illicit mining cases were detected, 17,340 vehicles seized and Rs 49.62 crore collected towards penalty during 2017-18.

Also, 8,171 FIRs were lodged in connection with violations, he added.

Effective measures were taken to increase the mineral revenue for the State, the minister said adding for 2017-18 fiscal the "revenue realised is Rs 1,106 crore."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jun 07 2018 | 8:45 PM IST

Next Story