Orissa Finance minister Ghadai says state to unveil new pricing policy for minerals
Wednesday, October 26, 2011
Orissa Finance minister Ghadai says state to unveil new pricing policy for minerals

Report by Suchismita Sahoo; Bhubaneswar: Orissa Finance minister Prafulla Chandra Ghadai says that the state government will soon unveil new pricing policy for minerals. He said that the state is working on a new pricing policy for minerals to ensure that industries get their requirement at reasonable rate.

He said that the pricing policy would be finalised keeping in view the rate of differet minerals in the international market. Ghadei said state government will ensure that the local industries are not forced to procure their required raw material at higher price. He said that a number of industries had stated to the government that they were unable to run their units due to acute shortage of raw materials.

Ghadei stated that the inter-ministerial group also asked the steel and mines department and the industries department to assess the actual requirement of raw materials in the MoU signed by 80 industriesGhadai said that the state government was also taking steps to ensure that the industries get raw materials at reasonable rate so that their plants could run without hurdles.

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