India's industrial output contracted 0.1 percent in November, dragged down by deceleration in production in manufacturing, mining and electricity generation, government data showed Friday.
A ban and now restrictions on iron-ore mining in Karnataka, in effect for more than a year, could halt the development of five infrastructure projects in that state, projects that would help transport and export iron ore from India, the third largest exporter of the commodity in 2011, according to an industry body.
India’s ban on the export or sale of minerals mined by companies for captive use will further the misery of some 90 small to midsize steel mills across southern India, which suffered losses when iron-ore mining was banned in Karnataka and Goa at the same time, according to a trade body.
A shutdown was observed amid tension in the tribal areas of Visakhapatnam district Wednesday to demand that the Andhra Pradesh government should not allow bauxite mining.
Even after several days of import from Pakistan, trucks loaded with sand are waiting for clearance. It might take another three days for the clearance to come through. This delay might wipe away the emerging trade ties between the both the countries, according to the officials and the traders.
Goa Chief Minister Manohar Parrikar stated in the monsoon session of the Goa legislative assembly that 40 mining leases, out of which around eight to 10 mines are operational, could be cancelled. Parrikar said that a decision on the mining leases would be taken soon, after following the process of natural justice and getting the opinion of the firm operating the mining lease on record.
Operations of 40 out of Goa's 100-odd mines which were running without clearances for the last few years will be cancelled soon, Chief Minister Manohar Parrikar said. Parrikar told the monsoon session of the Goa legislative assembly that the 40-plus mines were operating without the required documentation, and several mines had even been given dubious environment clearances by the union Ministry of Environment and Forests .
Soon after saying there was no illegal mining in Goa, Chief Minister Manohar Parrikar has admitted that there were 24 instances of illegal mining in the state.
Iron ore mining will resume in two districts of Karnataka from August to augment the raw material supply to steel plants in the state, a top official said.
Heavy river traffic has forced inland marine authorities in Goa to put a temporary freeze on the number of barges plying the rivers, ferrying iron ore from mining jetties to transcontinental cargo ships. Speaking to reporters on July 5, James Braganza, the head of the Minor Ports Department in Goa, said that with nearly 300 barges plying the two major rivers - the Mandovi and the Zuari - the traffic along the waterways was getting congested.