Iron ore Current Affairs, GK & News
Iron Ore Policy, 2021
The Ministry of Railways recently approved a new Iron Ore Policy. The policy is to come into effect on February 10, 2021. The Iron Ore Policy governs the allocation of rakes and transportation of iron-ore. About Iron Ore Policy The rake allotment system module is to be updated by the Centre for Railway Information Systems ..
Month: Current Affairs - January, 2021
Category: India Nation & States Current Affairs
Topics: centre for railway information system (CRIS) • Freight • Government Policies • Indian Railway • Iron ore • Policies
Utkala Dibasa, Odisha Statehood Day celebrated on April 1
Every year, the state of Odisha celebrates Utkal Divas on April 1. The tradition of the celebration is being followed for 84 years now. Being the 9th largest state, the state is rich in mineral resources. It is a major supplier of raw materials such as coal, iron ore to several industries spread all over ..
Month: Current Affairs - April, 2020
Category: States Current Affairs
Topics: British • Iron ore • Marathas • Naveen Patnaik • Odisha • Odisha Statehood Day • Orissa • Statehood Day
Vivad Se Vishwas Scheme: Rs 888.09 crores saved by NMDC under the scheme
On April 1, 2020, the National Mineral Development Corporation operating under the Government of India announced that it has saved Rs 888.09 crores by adopting Vivad Se Vishwas Scheme. Highlights The Vivad Se Vishwas scheme was announced by the Finance Minister Nirmala Sitaraman during the Union Budget 2020-21. The scheme was introduced to generate timely ..
Month: Current Affairs - April, 2020
Category: Government Schemes Current Affairs
Topics: Dispute resolution • Iron ore • nirmala sitaraman • Sail • Tax Benefits • union budget 2020-21 • Vivad Se Vishwas
Odisha Mining Activity greatly affected due to COVID-19; 21 mines interrupted
With the COVID-19 spreading at faster rate in the country, GoI had extended the statutory permits of mines for smooth transition. In spite of this, several mines in Odisha are facing delays of resumption. Highlights The operations of 21 mines have been disrupted completely. The delay in resumption of merchant mines in the state is ..
Month: Current Affairs - March, 2020
Category: India Nation & States Current Affairs
Topics: Bauxite Mining • Coal • Economic Survey • Iron ore • Mines and Minerals (Development & Regulation) Amendment Act 2015 • Mining • Odisha
Saranda Mining Ban
The Union Ministry of Environment, Forest and Climate Change constituted a committee to reassess the ban imposed on mining in the Saranda region of Jharkhand. Saranda Forests The Saranda Forest is the largest Sal forest in Asia. It extends across the hilly region of Singhbhum district of Jharkhand. The Rivers Koina and Karo pass through ..
Topics: Iron ore • Jharkhand • Mining • Ministry of Environment Forests and Climate Change • Saranda Forest
Corona Virus: NMDC reduced iron ore prices by 1.5%
On March 16, 2020, the National Mineral Development Corporation announced that the prices of iron ore is to be reduced by 1.5%. The Corporation is taking such measures predicting decline in iron ore demands due to the threats of Corona virus. Highlights The steel prices in India reduced in 2019 due to economic slowdown. The ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Corona virus • COVID-19 • Economic Slowdown • exports • imports • Iron ore • Ministry of Steel • Steel