Iron ore
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 ..
Month: Current Affairs - January, 2021
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 ..
Month: Current Affairs - April, 2020
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 ..
Month: Current Affairs - April, 2020
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 ..
Month: Current Affairs - March, 2020
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 ..
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 ..