Goa mining: State got 1,487 cr through e-auctioning, royalty

Goa Chief Minister Manohar Parrikar today told the state Legislative Assembly that the government had recovered Rs 1,487.91 crore from mine owners in the form of e-auctioning of ore and royalty payments on them.

He was replying on cut motions moved by the opposition on the demand for grants of the Mining department.

“The total loss estimated by the Public Accounts Committee due to illegal mining is Rs 4,000 crore. A panel of chartered accountants has put this figure at Rs 1,508.59 crore. The CAG has pegged it at Rs 1,922 crore,” Parrikar told the House. Read more

Courtesy: Money control