Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Joda mining: Government incurs losses worth crores

Post News Network
Updated: May 9th, 2023, 10:01 IST
in State, Top Stories
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Joda: A total of 59 mines out of the 90 under Joda mining circle in Keonjhar district are lying closed due to a host of statutory regulations, sources have informed. As a result, both the Centre and the Odisha government are losing revenues worth several crores of rupees.

Moreover, the provision of separate rules for the payment of mining premiums has led to a decline in competition in the mining and industrial sectors. This has resulted in losses for the new leaseholders, experts pointed out. According to information available from the Mining department, the 59 mines are lying closed due to delays in approval of a series of statutory regulations like the Forest Conservation Act, the Environment Clearance Act and the Plan of Indian Bureau of Mines (IBM). The concerned ministries of the Union government give approval to these regulations on the recommendations of the state government.

Also Read

India T20

5th T20I: India beat New Zealand by 46 runs

11 hours ago
K Murugesan

K Murugesan becomes Odisha’s new PCCF, 4 IAS officers promoted to ACS rank

13 hours ago

However, due to lack of proper coordination between the Odisha government and the Centre and the absence of proper follow up by the leaseholders, 59 mines have failed to get approval for operation. Among the 31 mines that are in operation in the Joda mining circle, 10 have been acquired through auction by the leaseholders after 2020. Over 874.84,000 lakh MT minerals have been mined in 2022-23 FY and 718.34,000 lakh MT minerals transported to various destinations. This has resulted in collection of Rs 16,894 crore as revenue.

However, had the other 59 mines been in operation, revenues could have gone up manifold. The Odisha government and its allied bodies are not the only ones suffering from revenue losses, the collection of the National Minerals Exploration Trust (NMET) has also declined.

On the other hand, leaseholders who got the mines through auction are paying higher premiums to run those. The leaseholders of the remaining 21 mines whose tenures are in force have been exempted from paying premiums. They are only paying revenues and their share to DMF. When contacted, mine owner and scribe Sirish Chandra Mohanty said that the Centre should implement its ‘One Nation, One Tax’ rule which will usher in healthy competition and transparency in the mining and industrial sectors.

Tags: Joda miningStatutory regulations
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019

Archives

Editorial

Lawless Law

Aakar Patel
February 1, 2026

By Aakar Patel As a democratic society, it is expected that India’s authorities follow the rule of law. This includes...

Read moreDetails

Strategic Punch

Silent Shift
January 31, 2026

By Dilip Cherian Three hours is barely enough time for a working lunch in New Delhi. Yet when UAE President...

Read moreDetails

Another Leak

January 28, 2026

Invariably US President Donald Trump says one thing and means something completely different has, by now, become clear to the...

Read moreDetails

Republic of India

Indian Flag
January 26, 2026

We are aware how, once the month of January gets over, the rest of the year flies past in the...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST