The state government on Friday demanded that the Union government reduce export duty levied on iron ore, to sustain the mining industry in Goa. The Union government has increased the export duty to 30% for iron ore .
Chief minister Laxmikant Parsekar told TOI that with the increase in export duty and the international iron ore market heading for a crash, it is important to reduce the iron duty to sustain mining activities in the
state. Parsekar was in Delhi to attend the Union government's pre-budget meeting.
The mining industry in Goa came to a halt in 2012 following the Shah Commission report on illegal mining. Parsekar said that until iron ore export duty is reduced, it is not feasible to run mining business in the state.
He added that if the Centre cannot remove the entire iron ore export duty, then it should at least remove export duty on 58 grade iron ore.
Parsekar also reiterated the state government's demand for a one-time package of 1,000 crore for the state. He said that ever since the ban on mining came into force, the state government has lost revenue of 1,400 crore. Parsekar also asked the Union government to grant the state its annual block grant, as its share, since most of the central schemes are not being implemented in the state.
Further, the Union government has asked the state government to submit its proposal to construct a five-star standard convention centre in Goa.
Source: Times of India
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