The Goan government has announced that a 22% premium will be imposed on the price fixed by IBM for erstwhile mining leaseholders. This decision comes after the Indian Bureau of Mines (IBM) set the price for those holding leases prior to the 2015 mining ban in the state. The premium is being introduced to ensure that the state receives its fair share of revenue from the mining industry. The move is expected to have a significant impact on former leaseholders who will now have to pay the additional premium on top of the price set by IBM. The decision has been met with mixed reactions from stakeholders in the mining sector, with some expressing concerns about the financial burden it will place on leaseholders. However, the government has defended the move as necessary to prevent any undervaluation of the mining leases. The imposition of the premium is part of the state government’s efforts to regulate the mining industry and maximize revenue generation. It remains to be seen how this decision will affect the mining sector in Goa and whether it will lead to any legal challenges from affected leaseholders.