Digging Its Own Problems
Digging Its Own Problems
The mining industry is going through a turbulent phase.
The ministry of mines and the ministry of steel are at loggerheads over a proposal to hike export duty on iron ore from 15 per cent to 20 per cent. The 15-per cent duty itself was imposed just this June as part of the fiscal package to restrict the export of iron ore and ease domestic prices.
Publication Date:
22/09/2008