Punjab's new mining policy to encourage online auctions

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Old 27-Apr-2011
Punjab's new mining policy to encourage online auctions

Chandigarh April 27:

To make the auctioning process for mining in the state more transparent, the Punjab government Tuesday announced its new mining policy that will also include online auctions.

Punjab Industries Minister Manoranjan Kalia said that the new mining policy was aimed at bringing more transparency in the auctioning process with an effort to curb the pilferage and contain the escalation of the market rates of sand in the state.

"The Punjab government has also decided to hold e-auction for the contract period for three years for quarries having an area less than five hectares. Environmental clearance was required for bigger quarries," Kalia told media here. To check illegal mining in the state, Kalia said that district level joint action committees have been constituted to monitor the entire mining process. He said that if the contractor charged more than the prescribed rate or excessive mining was done, then he was liable to action under Essential Commodities Act.

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