FICCI Roundtable on Recent Odisha Mining Scenario; Miners worried over 2020 deadline

Bhubaneswar: As far as the bidding for mining blocks are concerned, the Odisha Govt. has taken untiring steps to open up vistas for mineral auction with insistence on prospecting as par as UNFC guidelines. With this guideline the bidders will get a trasparent view beofe the miners bid. Significantly the drillings have been outsourced which will not only hasten the process for reserve determination but also lead to hastle free determination of the blocks that the miners wish to bid for.

Adressing at the roundtable on recent Odisha Mining Scenario, organised by FICCI, Odisha chapter, in Bhubaneswar, Sri Sanjeev Das, senior Vice-President, IMFA and FICCI State Odisha Council’s mining panel Chair said, “ There are many factors contributing to such fluctuations including court judgements and field investigation by authorised agencies lead to reduction os leases across the country including Odisha. However, despite the hurdles, the production and despatchs of Odisha have shown very steady signs”.

Elaborating the present senario in Odisha mining, Sri Das said that the production as on January 2018 stood at 204.24 million and despatches have grown up 224.69 million. He also expressed satisfication over the royality in the finacial year 17, which is likely to cross the levels of Rs 5135 crores and DMF collection has crossed nearly Rs 4000 crores.

Mr. Das lauded the Central government’ effort for taking steps to have a seamless transfer of mines leases under auction process post 2020 .

Sri R K Sharma, Principal Secretary of the steel and mines department of the state said , “The Govt will not get affected by closure of few mines because in the past the successfully handled the situation when large numbers of mines were closed down.”

Sri Sharma said that, miners have to comply with all provisions of the law to to operate mines in the state. To overcome the judiciary problem miners can file curative petition in Supreme Court. As mines are subject of central government, state government has little option to do.

Mr. Manish Kharbanda, Executive Director , Jindal Steel and Power Limited, “ Without government’s intervention, iron ore production will come down which will affect the steel industry most. G2 level drilling already come down to low level. State government can discuss all these issue with central government and should take proactive steps to solve the problem of miners as earliest as possible”.

Other dignitaries like Sri Sanjeev Nandwani, President, Mideast Integrated Steels Limited, Sri Sankar Pratap Singh of JSW Limited, Sri Manikant Nayak, CRE, Tata Steel Limited and President of EZMA, Sri Prabodh Mohanty .