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Govt action in Goa expected to cause fall in iron ore exports

 

PTI | Panaji, October 4, 2011 16:00
Tags : Goa Mineral Ore Exporters Association | Shivanand Salgaoncar | iron ore exports | Goa State Pollution Control Board | Mines and Geology Department | Value Added Tax |
 

With many of the mining firms in the state facing notices and regulatory orders, Goa Mineral Ore Exporters Association said on Tuesday that it fears that the iron ore exports from Goa will take a hit.

President of the association Shivanand Salgaoncar told reporters that it is difficult to make any prediction about exports this year. But there would lesser exports this year for sure.

"The state government has already asked the mining firms not to export the dumps which are stacked on the mining sites. Since no dumps are allowed to be handled, we will be dependent on new extractions," Salgaoncar said.

The state had exported 54 million tonnes of ore last fiscal which was the highest ever.

Justice M B Shah Commission and the Public Accounts Committee of the state assembly are investigating the illegal iron ore trade in the state.

Various agencies including Goa State Pollution Control Board and the Mines and Geology Department have issued notices to various mines for operating in violation of the law.

The mine owners feel that the ill-deeds of few operators has brought bad name to the entire industry.

"There was a spurt in the mining activity after the China boom. Although the trade increased, the government infrastructure to control and monitor the trade did not expand," Salgaoncar said.

He admitted that there were fly-by-night operators who sprung in the trade and disappeared.

We don’t approve of them. It’s for the state government to act against them as they will have record of all the traders," Salgaoncar said.

Salgaoncar said that mining industry accounts for 35 per cent of the state’s GDP, contributes Rs 1,000 crore in the form of royalty to the state exchequer, Rs 4,000 crore in the form of export duty besides lot of Value Added Tax.

There are over 75,000 people working on the mines, 15,000 trucks operating, 360 barges (ships) and there are several ancillary activities depending on mining, he said adding that the fall in export would spell doom for the state’s economy.

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Issue Dated: Feb 5, 2017