Current AffairsGoa

Governor gives assent to Goa Mining Corporation Bill

Panaji: The Goa Mining Corporation Bill has received the assent of Goa Governor PS Sreedharan. The bill was sent for the same on 1st September. Regarding beginning mining activities in the state, Goa CM Pramod Sawant said that it was planned to commence mining in the state before the 2022 assembly polls.

He further said that the Goa Mineral Ore Permanent Fund will be utilized by the state government to provide relief to the COVID affected subject to the consent of the Supreme Court and the decision of the Central Empowered Committee (CEC). “Of the Rs 600 crore GMOPF, 10 % can be used annually. As of now, the state has not used the fund,” he added.

The Supreme Court-appointed Central Empowered Committee had recently slammed Goa Government for notifying ‘Goa Mineral Ore Permanent Fund Trust Scheme’ without obtaining the apex court’s approval.
As per the scheme, 10 per cent of the sale proceeds of minerals sold by e-auction and pit mouth sale value will be deposited towards the welfare of people from the mining belt and for restoration of the affected areas.

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