Centre asks Jharkhand govt to put on sale mineral blocks
ECONOMY & POLICY

Centre asks Jharkhand govt to put on sale mineral blocks

The mines ministry has informed that the Jharkhand government has been requested to initiate the sale of 10 mineral blocks, which include a gold mine. It has been cautioned that if the state fails to proceed with the sale, the Centre will initiate the auction process. The sources mentioned that these blocks are currently at the G2 (general) and G3 (preliminary) level of exploration. Additionally, it was added by the sources that among these ten blocks, there is one copper mine, one limestone mine, and one graphite mine. According to the sources, in 2021, an amendment was made in the mining rules granting the Centre the authority to auction mineral blocks if a state government does not conduct the auctions within the agreed-upon timeframe. The sources also stated that the Jharkhand government is falling behind other states in the auctioning of mineral blocks. Out of the 38 geological reports provided by the Geological Survey of India to the Jharkhand government, only five have been utilized for auctions so far. The state had committed to notifying 15 blocks for auction by December 2021, but only four of these blocks have been notified as of now. Regarding the remaining 11 mines, it was mentioned that one potash block is critical and will be auctioned by the Centre, while the state has yet to notify the remaining 10 blocks for auction. In the current financial year, twelve mineral blocks have been successfully auctioned, all of which are located in Rajasthan. Companies such as Ambuja Cements Ltd and J K Cement Ltd have secured these blocks through the auction process.

The mines ministry has informed that the Jharkhand government has been requested to initiate the sale of 10 mineral blocks, which include a gold mine. It has been cautioned that if the state fails to proceed with the sale, the Centre will initiate the auction process. The sources mentioned that these blocks are currently at the G2 (general) and G3 (preliminary) level of exploration. Additionally, it was added by the sources that among these ten blocks, there is one copper mine, one limestone mine, and one graphite mine. According to the sources, in 2021, an amendment was made in the mining rules granting the Centre the authority to auction mineral blocks if a state government does not conduct the auctions within the agreed-upon timeframe. The sources also stated that the Jharkhand government is falling behind other states in the auctioning of mineral blocks. Out of the 38 geological reports provided by the Geological Survey of India to the Jharkhand government, only five have been utilized for auctions so far. The state had committed to notifying 15 blocks for auction by December 2021, but only four of these blocks have been notified as of now. Regarding the remaining 11 mines, it was mentioned that one potash block is critical and will be auctioned by the Centre, while the state has yet to notify the remaining 10 blocks for auction. In the current financial year, twelve mineral blocks have been successfully auctioned, all of which are located in Rajasthan. Companies such as Ambuja Cements Ltd and J K Cement Ltd have secured these blocks through the auction process.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?