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

Rourkela

Rourkela’s dangling cables belie Smart City claims

2 hours ago
NIT Rourkela, Odisha

NIT Rourkela facilitates learning on drone swarm tech for Indian Army

2 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

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019

Archives

Editorial

The CSS Crisis

August 2, 2025

The Central Secretariat Service (CSS) may not be the face of government, but it’s certainly its nervous system. And right...

Read more

SIR’s Pitfalls

Election Commission of India
July 30, 2025

The Supreme Court on 28 July told the Election Commission of India (ECI) to adopt a voter verification approach based...

Read more

Good Sense Prevails

Volodymyr Zelenskyy
July 29, 2025

Ukrainian President Volodymyr Zelenskyy has just in time refrained from a suicidal course that was going to turn his own...

Read more

Greener Route

July 28, 2025

In a landmark ruling that has come as a shot in the arm for the global climate movement, the International...

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

© 2024 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

© 2024 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

    © 2024 All rights Reserved by OrissaPOST