Under 100 Words: A Compact Summary
Rajasthan’s e-auction of iron ore blocks in Karauli aims to attract investments in steel and cement sectors, stimulating employment and revenue. Significant iron ore deposits discovered may boost industrial development and create opportunities. Ongoing efforts against illegal mining align with the transparent e-auction system, encouraging global participation. Further exploration through composite licenses may reveal additional iron ore deposits (Iron Ore Blocks in Rajasthan).
- The commencement of e-auctions for iron ore blocks by the Rajasthan mines department in Karauli is anticipated to attract fresh investments in the nearby steel and cement sectors, according to the state government.
- This initiative is expected to not only stimulate employment opportunities but also enhance revenue.
- The state mines department has recently initiated e-auctions for the composite license of four iron ore blocks in Karauli, with the tender document accessible for purchase on the central government’s MSTC portal.
- Rajasthan stands as one of the wealthiest states in India, boasting a diverse range of minerals with a production of over 57 different types (Iron Ore Blocks in Rajasthan).
- Chief Minister Bhajan Lal Sharma, who oversees the mining portfolio, revealed that significant iron ore deposits, totaling more than 840 million tonnes, have been identified in Khoda, Dadaroli, Todupura, and Liloti near Hindaun city in Karauli.
- The presence of these new iron ore deposits is expected to catalyze industrial development and generate employment opportunities in the state (Iron Ore Blocks in Rajasthan).
- Chief Minister Sharma emphasized that various industries, such as coal washing, ferroalloy, foundries, ceramics, and cement, will benefit from a stable supply of raw materials for years to come.
- This development is poised to create avenues for employment and income through the establishment of new industries in the state (Iron Ore Blocks in Rajasthan).
- Highlighting the state mines department’s ongoing efforts, a statewide campaign against illegal mining has been underway for the past 15 days, coinciding with the ongoing auction of major and minor blocks.
- The department has issued an e-auction notice for all four iron ore blocks in Karauli, and detailed information is available on the department’s website and the MSTC portal, as confirmed by State’s Secretary of Mines Anandhi.
- Bhagwati Prasad Kalal, director of the mining & geology department, expressed the department’s commitment to setting new records in the e-auction of major and minor blocks.
- The transparent auction system allows participation from individuals anywhere in the country or the world, requiring registration on the central government’s e-portal (Iron Ore Blocks in Rajasthan).
- Initial exploration in Karauli district has indicated the presence of magnetite and hematite iron ore.
- The identified iron ore deposits span 462.3 hectares in Khoda, 754.38 hectares in Dadaroli, 260.71 hectares in Todupura, and 410.94 hectares in Liloti. Estimates suggest that the district holds more than 840 million tonnes of iron ore deposits.
- Kalal mentioned that additional exploration in the region, facilitated by the auction of composite licenses, could unveil further deposits of iron ore.
ALSO READ – Chhattisgarh Government Brings Back E-Permits for Coal Transport.
