In a first, iron ore mines likely to be put on the block

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Karnataka proposes to auction 15 of its Category-C mines to end-users

In what could be a first for the country’s iron ore sector, the Karnataka government is readying an action plan to auction iron ore mines to end-users. To begin with, it has proposed to put 15 of its 51 Category-C mines on the block and sought permission for this from the Supreme Court, which is to hear its appeal on Friday.

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External URL: 
http://www.business-standard.com/article/economy-policy/in-a-first-iron-ore-mines-likely-to-be-put-on-the-block-114050100554_1.html
Publication Date: 
02/05/2014