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MINES MINISTRY PENALTIES
India considers tighter mining auction rules to deter laggards, sources sayIndia is looking at stricter rules for mining auctions. The government wants to ensure companies that win mining blocks start operations qu...- Centre offers incentives for speedier mine operationalisationNew rules aim to speed up mine operations. Intermediary timelines and penalties are introduced for delayed production. Incentives like redu...
- Chhattisgarh district imposes Rs 1,620 crore penalty on NMDC, miner contests levyChhattisgarh's Dantewada administration has fined the National Mineral Development Corporation (NMDC) Rs 1,620.5 crore for alleged mining l...
- Reduced penalties proposed for small mining companiesIndia reported mineral production worth ₹1.18 lakh crore in fiscal 2022-23, down from ₹ 1.33 lakh crore in the previous year. The value exc...
- Coal ministry mulls scheme to allow coal block owners to surrender minesOf the total coal production, 671.297 MT was non-coking coal and the remaining 44.787 MT was coking coal. Public sector produced 685.951 MT...
- Coal India subsidiaries face Rs 53,331 crore penalties for over producingIf Coal India needs to pay the levies, its finances will be critically hit. Its reserves, which stood at Rs 38,000 crore as on April 1, wil...
- Illegal mines to get environment clearance after penalty paymentIn a latest directive, the environment ministry has imposed additional conditions to be complied with by the mining companies which have ap...
- Law update in the works to clarify illegal miningAmendment to impact Tata Steel, Coal India Ltd and SAIL that are facing hefty penalties because of a SC order on violation of environment a...
- Odisha slaps Rs 20,169cr penalty notice on Mahanadi coalfieldsA second batch of claims, totalling about Rs 2,000 core, for alleged violations of air and water pollution acts, forest act, and for exceed...
- Govt permits CIL to explore natural gas in coal seamsThe Ministry of Petroleum and Natural Gas in a November 3 order said Coal India and its subsidiaries will be allowed to explore coal-bed me...
- PSU power companies appoint EMTA for their blocksThe state utilities earlier had their mines cancelled by the Supreme Court as they floated joint ventures with EMTA that held a 74% stake i...
- Monnet Ispat misses deadline on penalty paymentPayment of the additional levy was a condition for participating in the recently-concluded coal block auctions, in which Monnet Ispat won t...
- National Green Tribunal criticises environment ministry over tackling illegal mining issueEnvironment ministry has come in for criticism from the National Green Tribunal for its slow response in tackling the problem of illegal mi...
- Ordinance tweaked to help coal PSUs avoid penalty of almost Rs 4,000 croreThe ministry is expected to soon come out with the first tranche of tenders for about 17 coal blocks for allocation to government companies.
- States asked to act on mining violationsAs per data, in 2014-15, 53 such violations have been observed in which 23 are from Jharkhand while six each are there from Rajasthan and T...
- Coal ministry to merge cases of 40 companies to save timeThe coal ministry will club legal cases of 40 companies related to cancellation of mining licences and penalties into a single case to save...
- Tata Steel to contest Rs 6,000 cr fine imposed by Odisha govtTata Steel today said it will contest the Rs 6,000 crore fine imposed on the company by Odisha government over alleged violation of mining ...
- Odisha government must withdraw the fines it has slapped on minersThe move by the government of Odisha to slap huge penalties totalling over 50,000 crore on mining companies is unreasonable.
- Mining without licence likely to cost Rs 25,000 per hectareMining without licence is likely to attract a penalty of up to Rs 25,000 per hectare or two years imprisonment or both, and failure to impl...
- Govt mulling PF interest rate hikeMinister for Labour and Employment Kharge today said the govt was looking at further hiking the interest rate on Provident Fund from the pr...
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