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Steel Minister Dharmendra Pradhan calls for early operationalisation of the auctioned Iron Ore Mines in Odisha;

Newdelhi:10/12/20:Union Minister of Steel and Petroleum and Natural Gas Shri Dharmendra Pradhan today held a meeting with Chief Minister of Odisha Shri Naveen Patnaik and Union Minister of Mines, Coal and Parliament Affairs Shri Pralhad Joshi.

Discussions centered around resolving the issues regarding operationalisation of the auctioned iron ore mines in Odisha where production and dispatch have still not commenced. The lease of these mines had lapsed on 31st March 2020, pursuant to which fresh auction was carried out.

Shri Pradhan emphasised the need for an early resolution in this regard by the Ministry of Mines so that seamless availability of raw material to the end-user is ensured. This would result in reducing the price of iron ore which has gone up substantially in the last one month due to adverse market sentiments, emanating primarily from reduced supply of iron ore in Odisha from the recently auctioned mines. As against the production of 123.8MT iron ore in Odisha from Jan 2019 to Nov 2019, total production in the same period in the current year has been only 98.2MT. Out of the recently auctioned 24 mines in Odisha, only 5 have been able to start production and dispatch till date. This is the main reason for the shortfall in iron ore supply in the country.

Odisha holds immense importance for the Indian steel industry with a major share of raw material reserves and steel production capacity. Early operationalisation of iron ore mines will not only ensure raw material security for the steel industry but also help local employment generation and intensify economic activities in the state, thus driving regional development. It syncs with the larger vision of Mission Purvodaya envisioned by Honorable Prime Minister Shri Narendra Modi to drive the economic growth of eastern India.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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