Jharkhand Seeks ?1.36 Lakh Crore Dues
ECONOMY & POLICY

Jharkhand Seeks ?1.36 Lakh Crore Dues

The Chief Minister of Jharkhand, Hemant Soren, has raised concerns over unpaid dues of ?1.36 lakh crore owed by coal companies to the state. In a letter to Prime Minister Narendra Modi, Soren highlighted that this massive outstanding amount is significantly affecting Jharkhand's development. The bulk of these dues arises from coal mining activities, with the state demanding compensation for land acquisition, royalty payments, and other levies.

Soren emphasized that the non-clearance of these dues is hampering critical infrastructure development and welfare programs. The state government has urged the central government to expedite the settlement of these outstanding amounts to boost economic activities in Jharkhand, which is heavily dependent on its mineral resources, especially coal.

This issue is crucial as coal-rich states like Jharkhand play a key role in India's energy sector, and delayed payments impact the state’s ability to invest in necessary public services

The Chief Minister of Jharkhand, Hemant Soren, has raised concerns over unpaid dues of ?1.36 lakh crore owed by coal companies to the state. In a letter to Prime Minister Narendra Modi, Soren highlighted that this massive outstanding amount is significantly affecting Jharkhand's development. The bulk of these dues arises from coal mining activities, with the state demanding compensation for land acquisition, royalty payments, and other levies. Soren emphasized that the non-clearance of these dues is hampering critical infrastructure development and welfare programs. The state government has urged the central government to expedite the settlement of these outstanding amounts to boost economic activities in Jharkhand, which is heavily dependent on its mineral resources, especially coal. This issue is crucial as coal-rich states like Jharkhand play a key role in India's energy sector, and delayed payments impact the state’s ability to invest in necessary public services

Next Story
Infrastructure Transport

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Next Story
Infrastructure Energy

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement