The Times of india
Geoscientists express concern over the underutilized mining reserve in Odissa
Edited by : AL CIRCLE
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The Society of Geoscientists and Allied Technologists (SGAT) has expressed grave concern over the continuing stagnation in the mining sector in Odisha leading to a drastic fall in availability of mineral resources in the state.
According to SGAT, nearly 490 out of the 600 leased mines are not in operation in the state. This includes 76 iron ore and manganese mines, which has resulted in a heavy fall in ore production. Odisha produced around 79.68 million tonne iron ore in 2009-10, which shot up to 81.14 million tonne in the following year. But in 2011-12, iron ore production in the state has come down to 60.62 million tonne. Though drop in export demand is often cited as one of the major reasons for the plunge in production, the prevailing scenario has severely hit the domestic industries, many of whom are closed, giving a blow to the livelihood source of thousands of dependant people and their families. The gloomy condition of the mines-industry has also had its impact on investors, it pointed out.
According to SGAT, nearly 490 out of the 600 leased mines are not in operation in the state. This includes 76 iron ore and manganese mines, which has resulted in a heavy fall in ore production. Odisha produced around 79.68 million tonne iron ore in 2009-10, which shot up to 81.14 million tonne in the following year. But in 2011-12, iron ore production in the state has come down to 60.62 million tonne. Though drop in export demand is often cited as one of the major reasons for the plunge in production, the prevailing scenario has severely hit the domestic industries, many of whom are closed, giving a blow to the livelihood source of thousands of dependant people and their families. The gloomy condition of the mines-industry has also had its impact on investors, it pointed out.
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