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

Odisha government

Kushunupur of Kendrapara district selected as ‘smart village’

10 hours ago
Odisha Govt

Odisha approves investment proposals worth over Rs 4,500 crore

10 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

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

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

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019

Archives

Editorial

Windfall For Russia

March 17, 2026

The ongoing war between the US-Israel combine and Iran has unexpectedly turned out to be a windfall for Russia. In...

Read moreDetails

Most Vulnerable

Crude oil
March 16, 2026

The widening conflict in West Asia is beginning to cast a shadow over India’s economic outlook. The country’s heavy dependence...

Read moreDetails

Diplomatic Drift

March 15, 2026

On 4 November 2013, then Prime Minister Manmohan Singh spoke to over 120 heads of Indian missions and outlined the...

Read moreDetails

Selective Accountability

Power of Continuity
March 14, 2026

In Rajasthan, accountability has recently discovered a rather dramatic sense of urgency. A ten-minute technical glitch at Prime Minister Narendra...

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