Goa cabinet approved revised iron ore dump policy, govt targets Rs 500 cr revenue

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Porvorim: The Goa government on Thursday approved the revised Goa Iron Ore Mining Dump Handling Policy, 2023, which allows the state government to e-auction unclaimed ore lying in the form of dumps at various private locations in the state.

Briefing the media after the Cabinet meeting, Chief Minister Pramod Sawant said that under the revised mining dump policy, those heaps of ore that are “unclaimed on private land without payment of the land conversion fee” will be e-auctioned by the state government.
The Chief Minister added that the state targets a revenue of Rs 400-500 crore from e-auctioning 30-40 dumps, which have been identified by the government after conducting a survey.

He mentioned that many such dumps are lying across the state and will be e-auctioned at a later stage.

Sawant also explained that the e-auctioning of the dumps would help clear the land of ore heaps that have been lying there for years. He stated that the landowner would be paid a lease amount by the state government once the ore is e-auctioned. The exact lease fee amount will be decided at a later stage.

“The e-auctioning of the 30-40 dumps identified during the initial phase will start in the next 15 days,” he said.

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