Trendinginfo.blog

Rajasthan mining department targets ₹14,000 crore revenue in FY27 | Industry News

1767889722 7821.jpg

1767889722 7821.jpg

Thank you for reading this post, don't forget to subscribe!

 


In the financial year 2025-26, the department achieved a record revenue collection of ₹10,394 crore, registering a 13 percent growth rate, she said.


 


“In this direction, the Mines Department has already initiated the exercise of setting revenue targets for the year 2026-27,” Additional Chief Secretary (Mines and Petroleum) Aparna Arora said.


 


Arora said that, simultaneously, directives have been issued to formulate a calendar for the current financial year, covering the entire process—from the preparation of major and minor mineral blocks and plots to their eventual auction.


 


She called for preparing a comprehensive roadmap—complete with specific timelines—for delineating mineral-rich areas, preparing plots or blocks, and their subsequent auction to promote legal mining within the state while effectively curbing illegal mining.


 


She emphasised that efforts must be undertaken to resume production in currently stalled mines, fostering opportunities for economic growth, employment generation, and revenue enhancement through the revival of operations at these sites.


 


“We have issued directives to formulate a detailed, office-wise monthly roadmap for revenue collection, urging officials to immediately focus on all potential sources of revenue recovery.”


 


She stated that effective curbs must be imposed on all potential areas of revenue leakage.


 


Arora issued directives to prepare plots and blocks for mineral exploration, delineation, and the auction of major and minor minerals, to promote legal mining.


 


Emphasising the preparation of pre-embedded plots and blocks, she noted that this would facilitate the speedy operationalisation of the mineral blocks and plots slated for auction.


 


The Rajasthan State Mineral Exploration Trust (RSMET) has been asked to prepare a vision and mission for the planned development of mineral resources and instructed to formulate a monthly roadmap, complete with defined timelines, she added.

Source link

Exit mobile version