Excellent Hair Fall Treatment
Search: Look for:   Last 1 Month   Last 6 Months   All time

Chhattisgarh's income from minerals royalty rises 20 percent

National,Business, Mon, 01 Jun 2009 IANS

Raipur, June 1 (IANS) The Chhattisgarh government Monday said its royalty earnings from minerals rose 20 percent in 2008-09 to Rs.1,237 crore.

 

'The state had made earnings of Rs.1,237.29 crore from minerals in 2008-09, comparing to Rs.1,028.38 crore in 2007-08, registering an overall 20 percent increase,' an official statement said.

 

 

The mineral-rich state, which has massive coal deposits in its northern region and iron ore deposits in southern Bastar region had earned Rs.832.35 crore in 2006-07 and Rs.737.85 crore in 2005-06 as mineral royalty.

 

 

The state government is now seeking 'value-based' royalty on coal and iron ore.

 

 

'The state is getting just Rs.18 per tonne as royalty on iron-ore. While after value addition, the steel manufacturers are selling the product for about Rs.30,000 a tonne,' Chief Minister Raman Singh had said last month.

 


Read More: Bastar

LATEST IMAGES
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
PM Modi paying tributes at the portrait of Sardar Vallabhbhai Patel
People take part in the Run For Unity on the Rashtriya Ekta Diwas
PM Modi flagging off the Run For Unity on the Rashtriya Ekta Diwas
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.