Focus Merit

Centre to set up panel to examine issues on revision of royalty rates

The Mines Ministry has decided to set up an 11-member panel including mines secretaries from various states like Telangana, Chhattisgarh, Jharkhand, Karnataka, Madhya Pradesh and Odisha to examine issues pertaining to the revision of rates of royalty for minerals and dead rent for minerals (other than coal, lignite, sand for stowing and minor minerals) .

The 11-member committee under the Chairmanship of Mines Additional Secretary will submit the report to the Ministry of Mines after examining the issues raised by stakeholders within a period of one month from the date of holding its first meeting.