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Madhya Pradesh auctions 22 mineral blocks, to earn Rs 38,100 crore Categorical Instances

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Out of the 51 mineral blocks supplied for public sale by Madhya Pradesh’s Mining Division, 22 have been efficiently auctioned, together with 4 blocks of crucial minerals. Based on the division estimates, these auctions will generate a income of Rs 38,100 crore. 


This newest spherical brings the entire variety of blocks auctioned within the state to 68, the very best within the nation.


State Mineral Sources Minister Brijendra Pratap Singh mentioned to Enterprise Commonplace, “As per the steerage of Prime Minister Narendra Modi and Chief Minister Shivraj Singh Chouhan, we are able to guarantee  that the mineral assets of the state and the income earned from them will likely be used for the betterment of most people.” 


He added that these steps would contribute to creating Madhya Pradesh self-sufficient within the mineral sector.


The Mining Ministry posted on X (previously often called Twitter), ”After this newest spherical of public sale of mineral blocks by the Madhya Pradesh authorities, the entire variety of auctioned mineral blocks within the nation has elevated to 324. Of those, a most 68 blocks have been auctioned by Madhya Pradesh”.


Chief Minister Shivraj Singh Chouhan acknowledged that these mining reforms are usually not solely augmenting state income but additionally advancing the Prime Minister’s imaginative and prescient of self-reliance within the mineral sector.


Final July, the state supplied a document 51 blocks, which featured 14 crucial minerals, together with bauxite, iron, limestone, manganese, graphite, vanadium, and platinum group minerals.

First Printed: Sep 23 2023 | 10:23 PM IST


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