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Slow progress of auctioned blocks worries ministry

Slow progress of auctioned blocks worries ministry

The Union Mines Ministry has expressed displeasure over the unimpressive progress of mineral blocks auctioned by states, reports the Business Standard. Post auctions, little has been done to secure clearances to enable commencement of mining from such blocks.

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Posco needs to file fresh approval

Posco needs to file fresh approval

Steel major Posco would have to file a new proposal for setting up its $12-billion steel venture in Odisha if it wants to pursue the project.The company was sounded out at a recent meeting among officials of the Central and state governments