Home Odisha Odisha Government To Recommence Auction Of Mineral Blocks After Pandemic Hit

Odisha Government To Recommence Auction Of Mineral Blocks After Pandemic Hit

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Due to the outburst of the Coronavirus pandemic, the auction of the mineral blocks was put in a halt, but now the Odisha Government will resume the process.

 As per the officials, for the process to resume a government authorised committee supervised by Development Commissioner will be holding a meeting which is expected to be held next week. The main motive of the meeting will be finalizing the schedule of the auction for 14 blocks of iron ore, manganese, limestone, dolomite and graphite.

The blocks are Garamurarh, Behera-Bhanjipali, Pipalmunda, Naringpanga, Uskalvagu, Pureibahal, Chandiposhi, Jhumka Parthiriposi, Dholtapahad, Netrabandhapahad (west), Gandhalpada, Kasia, Unchabali and Kalimati.

Apart from the date scheduled the committee will also discuss about reserving two of these above blocks for state PSUs. Earlier the Centre advised that the State Government can auction some of the blocks with implanted approvals to speed up mining operations of the blocks.

The conducting of the auction is essential because if the process of mining operations started disrupting the production and dispatched this can lead to a shortage of minerals for the industry uses and the prices may rise which will make it more challenging to cope up.

According to the report of TOI, an official stated “Since it takes years for the successful bidders to get clearances from authorities of the central and state governments to start mining operation, the government has decided to auction blocks with pre-embedded clearances by obtaining all clearances. The move is aimed to promote ease of doing business in the mining sector and to make the auction process competitive.”

In January-February this year, before the national lockdown, the state government successfully auctioned around more than 20 mineral blocks.

Article Written by Dikhya Mohanty

Image Source: Google

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