Odisha Govt slaps a fine of Rs 6,000 crore on Tata Steel for illegal and excess mining
The Odisha government is believed to have slapped a fine of about Rs 6,000 crore on Tata Steel for its alleged involvement in ‘illegal and excess mining’ at its captive mines. Deputy Director of Mines (DDM) of Joda mining circle has slapped the fine.
Tata Steel has captive iron ore mines in Odisha’s Joda and Katamati. in addition, it also has manganese mines and dolomite quarries in the state. All the material is at present used for Tata’s steel-making plant at Jamshedpur, which is about 150 kms away from the mining sites.
Odisha accounts for a third of country’s iron ore – a vital steel making raw material – production. Recently, Odisha has also witnessed quite a few controversies on illegal mining and at present a Centre-appointed Justice M B Shah Commission is probing the cases of illegal mining in Odisha.
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Month: Current Affairs - November, 2012
Category: India Nation & States Current Affairs