Goa CM welcomes Centre’s transfer to abolish export obligation on low-grade iron ore
By PTI
PANAJI: Goa Chief Minister Pramod Sawant on Saturday welcomed the Centre’s determination to abolish export obligation on low-grade iron ore, citing that the transfer will make stronger the mining sector and fetch greater income for the state authorities.
Taking to Twitter, Sawant thanked the Union authorities for contemplating the state’s request to levy nil export obligation on low-grade iron ore.
” I thank the Union Govt led by Hon’ble PM Shri @narendramodi Ji for considering our request for levying nil export duty on below 58 Fe Iron Ore. My gratitude to the FM @nsitharaman Ji for the withdrawal of export duty that will give a boost to the mining sector and Goa’s economy,” the chief minister tweeted.
In one other tweet, Sawant thanked Union Home Minister Amit Shah stating that the transfer will fetch greater revenues for the state authorities throughout auctioning of mining leases.
This may also propel the export of low-grade iron ore from Goa, giving aid to varied segments within the iron ore enterprise and allied actions, he tweeted.
The Union authorities on Friday determined to abolish export obligation on iron ore lumps and fines and pellets.
The export of pig iron and metal merchandise categorised below a few of the headings may also appeal to nil export obligation.
Earlier in May, Sawant had met the finance minister requesting her to cut back the export obligation to zero on low-grade iron ore.
The Goa authorities has already initiated the method of auctioning mining leases within the state, the place the trade had come to a standstill since 2018 after the Supreme Court quashed 88 leases.
PANAJI: Goa Chief Minister Pramod Sawant on Saturday welcomed the Centre’s determination to abolish export obligation on low-grade iron ore, citing that the transfer will make stronger the mining sector and fetch greater income for the state authorities.
Taking to Twitter, Sawant thanked the Union authorities for contemplating the state’s request to levy nil export obligation on low-grade iron ore.
” I thank the Union Govt led by Hon’ble PM Shri @narendramodi Ji for considering our request for levying nil export duty on below 58 Fe Iron Ore. My gratitude to the FM @nsitharaman Ji for the withdrawal of export duty that will give a boost to the mining sector and Goa’s economy,” the chief minister tweeted.
In one other tweet, Sawant thanked Union Home Minister Amit Shah stating that the transfer will fetch greater revenues for the state authorities throughout auctioning of mining leases.
This may also propel the export of low-grade iron ore from Goa, giving aid to varied segments within the iron ore enterprise and allied actions, he tweeted.
The Union authorities on Friday determined to abolish export obligation on iron ore lumps and fines and pellets.
The export of pig iron and metal merchandise categorised below a few of the headings may also appeal to nil export obligation.
Earlier in May, Sawant had met the finance minister requesting her to cut back the export obligation to zero on low-grade iron ore.
The Goa authorities has already initiated the method of auctioning mining leases within the state, the place the trade had come to a standstill since 2018 after the Supreme Court quashed 88 leases.
