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HindustanTimes Thu,23 Oct 2014

'Punjab earns record revenue from mines auction'

HT Correspondent, Hindustan Times  Chandigarh, February 14, 2013
First Published: 17:14 IST(14/2/2013) | Last Updated: 00:27 IST(15/2/2013)

The Punjab government has earned the record revenue of Rs. 14, 90, 88, 918 against the reserve price of Rs. 8, 90, 97, 180  from the auction of mines of only four districts- Jalandhar, Ajitgarh, Kapurthala and Hoshiarpur at Udyog Bhawan  here on Thursday.

 
Disclosing this here today Industry Minister of Punjab Anil Joshi said that it was the result of the steps taken by the Punjab government to maintain total transparency in auction and the strict action taken against illegal mining.

He further said that today the mines of only four districts of Jalandhar, Ajitgarh, Kapurthala and Hoshiarpur were auctioned and there have been bids of Rs. 14, 90, 88, 918 against the reserve price of Rs. 8, 90, 97, 180 in the second phase.

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The Minister has directed the officials of the department to work hard in an honest and transparent manner so that the development and construction work does not get adversely affected.

He said that the Punjab government was fully committed to provide the sand to common man on very nominal rates and for that he has already directed the officers to monitor mining operations in a strict manner adding that 869 cases against illegal mining have also been registered in last eight months.

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