Indian iron ore export ban against the Ministry of Mines

Supreme Court of India Ministry of Mines Commission of Inquiry on the Illegal Exploitation of iron ore and manganese export ban opposed the proposal and relevant documents have been submitted to the Department of Commerce. Led by the Shah Commission of Inquiry on the illegal exploitation of previously pointed out that the illegal exploitation of iron ore and manganese ore exports mainly due to huge profits and should therefore be banned from export.

However, the Ministry of Mines stated that the illegal exploitation of iron ore exports are not the main reason leading to the contrary, the state government contributed to the lack of governance is largely illegal mining act and an export ban is not feasible. Export of mineral resources is based on import and export policies as a guide, owned business managed by the Department. Indian Mineral Industries Alliance declined to comment, Goa Chamber of Mines of the Ministry of Mines welcomed the move, saying the move will help mine back to norm

Mining in India

Mining in India

al production.

However, the Ministry of Mines agreed Shah Commission to restore the control of illegal mining and mining land use fee proposals, such as the illegal exploitation of any person convicted will lose not only the existing mining permit, and also prohibits the future approval. According to the Indian Bureau of Mines data, India’s iron ore production in the 2010/11 fiscal year, down 4.8% to 208 million tons, the private mine production decreased by 70%, exports fell to 95 million tons, is expected in fiscal year 2011/12, exports fell to 6500 million tons.