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Thursday
February 2020
10:24 AM IST
News Headlines
Ishant is hitting good areas, Prithvi should follow instincts: Kohli hints on playing XI        PCB chief hints at Pakistan giving up Asia Cup hosting rights        First 5G handset in India likely to be priced at Rs 50,000        Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv        Death toll from China virus surges past 2,000        Necessary to prevent statelessness when nationality laws are changed: UN chief        Maha CM visits Shivneri Fort on Shivaji''s birth anniversary        Can transport minister come to explain govt proposal for introducing EVs, asks SC        SC upheld right to protest but other citizens also have rights: Interlocutors at Shaheen Bagh        Won't rule out playing 2023 World Cup, says Taylor        Sachin Tendulkar wins Laureus Sporting Moment Award for 2011 WC triumph        Messi, Hamilton share Laureus World Sportsman of Year honour; Biles gets third award        Kerala tourism eyes robust growth in domestic tourist footfalls in 2020        RBI Governor says no reason to doubt govt will meet fiscal deficit targets        UK budget on March 11 as planned: new finance minister        Wuhan hospital director dies of coronavirus        Opening of Kartarpur Corridor practical proof of Pakistan's desire for peace, says UN chief        People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot        Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case        Prashant Kishor questions Nitish Kumar's development in Bihar        
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Business News
Centre to set up panel to examine issues on royalty rates for major minerals
 
New Delhi: The Centre has decided to set up an 11-member panel including mines secretaries from various states, to examine issues pertaining to the revision of rates of royalty for minerals.

The members of the panel includes mines secretaries from the states like Telangana, Chhattisgarh, Jharkhand, Karnataka, Madhya Pradesh and Odisha.

The Mines Ministry has decided to set up an official committee, "for examining the issues raised by the stakeholders with regard to revision of rates of royalty and dead rent for minerals (other than coal, lignite, sand for stowing and minor minerals)," the mines ministry said in an order.

The 11-member committee under the Chairmanship of Mines Additional Secretary will submit the report to the Ministry of Mines after examining the issues raised by stakeholders.

"The committee will submit its report within a period of one month from the date of holding its first meeting," it said.

In February, 2018, the mines ministry had set up a study group to revise the rates of royalty and dead rent for minerals.

The study group had submitted its report in July last year.

The Ministry of Mines received comments/representations from stakeholders with regard to the revision of rates of royalty.


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