Stoppage of mining in Goa to impact revenue of Rs 34 billion

Goa exporters' association writes to state Chief Minister

Stoppage of iron ore mining in Goa will impact revenues worth Rs 34 billion, the Goa Mineral Ore Exporters' Association (GMOEA) has said in its letter to the chief minister of the state.

In its letter dated February 12, GMOEA said, as the livelihood of several dependent segments would be affected due to ceasing of mining activities in the state, it would leave the stakeholders of the industry without any alternate source of income. 

The Supreme Court last week cancelled 88 iron ore licences in Goa where these lease holders have now been told to stop operating by March 16 and apply