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Economy Apr 13, 2012

SC defers decision on Karnataka mining ban to 20 April

The Supreme Court has deferred a decision on whether to lift its iron ore mining ban in Karnataka to April 20, leaving state-run NMDC as the only company able to mine there, a court official said on Friday.

Reuters

In 2011, the court banned iron ore mining in three districts of the state citing environmental concerns and asked a government body to carry out an environmental impact assessment.

It later allowed state-run NMDC to mine up to one million tonnes per month from its captive mines in the state but other players remain unable to produce.

It has deferred a decision several times.

Reuters

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