The Goan government has announced a 22% premium on the price fixed by the Indian Bureau of Mines (IBM) for erstwhile mining leaseholders in the state. This decision comes as a significant development in the mining sector of Goa, which has been grappling with regulatory challenges in recent years. The premium will be levied on the price set by the IBM for the extraction of iron ore, manganese, and other minerals. The move aims to ensure that mining leaseholders pay a fair price for the resources they extract from the state. The decision has been met with mixed reactions from stakeholders in the mining industry, with some welcoming the move as a step towards ensuring transparency and accountability in the sector, while others have raised concerns about the potential impact on the profitability of mining operations. The premium is expected to generate additional revenue for the state government, which can be used for infrastructure development and welfare programs. This development underscores the government’s commitment to regulating the mining sector in a sustainable and equitable manner. It also highlights the importance of striking a balance between economic growth and environmental conservation in resource-rich states like Goa. The implementation of the premium will be closely monitored to assess its impact on the mining industry and the overall economy of the state.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Goan government has announced a 22% premium on the price fixed by the Indian Bureau of Mines (IBM) for erstwhile mining leaseholders in the state. This decision comes as a significant development in the mining sector of Goa, which has been grappling with regulatory challenges in recent years. The premium will be levied on […]<\/p>\n","protected":false},"author":0,"featured_media":72268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-118793786imgsize-290248-12.jpg",1607,1007,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-118793786imgsize-290248-12-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-118793786imgsize-290248-12-300x188.jpg",300,188,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-118793786imgsize-290248-12-768x481.jpg",640,401,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-118793786imgsize-290248-12-1024x642.jpg",640,401,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-118793786imgsize-290248-12-1536x963.jpg",1536,963,true],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-118793786imgsize-290248-12.jpg",1607,1007,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/72267"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=72267"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/72267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/72268"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=72267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=72267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=72267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}