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Home > News > Base coal royalty payable to states on actual reserves, says SteelMin > Base coal royalty payable to states on actual reserves, says SteelMin

Base coal royalty payable to states on actual reserves, says SteelMin [1]

The steel ministry has said that the royalty to be paid by a coal block allocatee to the concerned mineral-rich state should be based on the actual reserves of the allocated block or on the quantum of coal extracted from it as a measure to discourage non-serious players from taking part in the process.

In course of a recent meeting convened by the coal ministry to discuss various issues on fina

Publication Date: 
08/10/2010
Indian Express (New Delhi) [2]
Tags:
Coal [3], Mining [4], Minerals [5], India [6], Iron And Steel Industry [7]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/base-coal-royalty-payable-states-actual-reserves-says-steelmin

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/base-coal-royalty-payable-states-actual-reserves-says-steelmin
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/indian-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/minerals
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry