Request for early notification for increase in mineral royalty
Raipur,05 February 2020/ Chief Minister Mr. Bhupesh Baghel wrote a letter to Mr. Prahlada Joshi, Minister of Coal Mines, Government of India. Under the M.M.D.R Act 1957, it has been requested to revise the royalty rates of major minerals after a period of three years. He has further affirmed that the state of Chhattisgarh is losing its mineral revenue due to non-increase in royalty rates after three years, which thereby leads in creating difficulty
for proper implementation of state-run welfare schemes due to shortage of financial management.
The Chief Minister has said in a letter to the Union Minister of Coal Mines that mineral royalty is an important source of revenue for the state of Chhattisgarh. Many welfare schemes are being run by the state government for public interest and for this, proper financial management is necessary for its smooth functioning. The revenue receipts are being adversely affected due to non-revision of the royalty rates of major minerals by the Government of India.
The Chief Minister has informed that the royalty rates of major minerals were revised on September 1, 2014 by the Ministry of Mines, Government of India. As per the provisions of section of the Act, royalty rates were to be revised from September 1, 2017, after a period of three years from the previous amendment, but till date the royalty rates have not been revised. He has requested the Union Minister to issue a notification regarding increase in royalty rates of major minerals in this regard, so that Chhattisgarh can get mineral revenue at an increased rate.
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