Centre rules out banning export of iron ore
New Delhi: The government Monday ruled out banning export of iron ore from the country.
Replying to supplementaries in the Rajya Sabha, Mines Minister B.K. Handique said export of iron ore was necessary as piling up of the ore might cause environmental hazards.
"It is necessary to export iron ore, we lack the technical knowledge to use all of it," Handique said.
Out of a total annual production of 218 million tonnes, 117 million tonnes of iron ore are exported, he said.
The minister`s statement assumes significance as Karnataka recently put a ban on export of iron ore from the state, citing illegal mining.
About the rights of the tribals living in the mineral rich areas, the minister said the government is framing a new legislation under which they will be given 26 percent of the profits earned from the mines.
"We will take suitable measures to ensure the tribals get their rights," he said.
More from India
More from World
More from Sports
More from Entertaiment
- UPSC announces Civil Services Examination 2014 results; women bag top four positions
- Five guerrillas, one soldier killed near LoC
- 3rd Test, Day 2: Sri Lanka rattle Pakistan in decider
- Wimbledon: Novak Djokovic, Maria Sharapova cruise into last 16
- Indian Mujahideen chief Yasin Bhatkal indicates Islamic State will help him get out of jail soon