RajasthanState authorities's huge reduction to minor mineral lease holders,...

State authorities’s huge reduction to minor mineral lease holders, determination taken to decentralize rights

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Jaipur: Giving nice reduction to the minor mineral lease holders of the state, the state authorities has given all of the rights to increase the lease interval to the involved Mineral Engineer and Assistant Engineer. Chief Minister and Mines Minister Bhajan Lal Sharma has taken this huge determination of decentralization of powers whereas taking steps in the direction of simplification of the method within the mineral sector. With this, minor mineral holders won’t want to use at completely different ranges for extending the lease interval. This won’t solely profit hundreds of minor mineral lease holders of the state however may even save money and time.

Chief Minister and Mines Minister Bhajan Lal Sharma has emphasised on simplifying the method by laying emphasis on ease of doing within the mineral sector. Earlier, the bid quantity for public sale of plots of lower than one hectare was decreased from ten lakhs to 2 lakhs. This will enhance the participation of economically weak and native residents within the mineral sector. Principal Secretary Mines and Petroleum T. Ravikant mentioned that until now to increase the interval of minor mineral leases, functions needed to be made on the state authorities, Director Mines, Additional Director Mines and Superintending Mining Engineer stage in line with the mineral. With the simplification determination of the State Government, now the applying may be made on the stage of the involved Mining Engineer or Assistant Mining Engineer and the lease interval may be prolonged on the identical stage. He mentioned that this can be a huge and revolutionary step of the state authorities within the path of simplification. Ravikant mentioned that in implementation of the finances announcement, a notification was issued just lately and the quantity of bid safety for public sale of plots of lower than one hectare was decreased from Rs 10 lakh to Rs 2 lakh. By doing this, native and extra individuals will have the ability to take part within the public sale of mineral leases of lower than one hectare.

Principal Secretary T. Ravikant mentioned that equally, in view of the inconvenience in depositing the premium quantity payable in lump sum after extending the license interval of minor minerals to the mining lease holders and quarry licensees of minor minerals, they’ve been given the choice of depositing the premium quantity in a most of 5 installments. Is given. If the interval is prolonged past a yr, there might be an exemption to deposit the premium quantity in 5 installments. In this, the primary installment must be deposited together with the applying and after that the annual installment must be deposited. Similarly, for extending the lease interval from 5 to 10 years, the premium quantity must be deposited in three installments and for a interval of two to 5 years, the premium quantity must be deposited in two installments. He mentioned that this may present nice reduction to minor mineral lease and quarry license holders. It is noteworthy that minor minerals embody masonry stone, limestone, marble, granite, feldspar, quartz, silica sand minor minerals.



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