New Delhi: In a significant development, the Government has canceled the auction of 11 crucial mineral blocks in the fourth round, following a poor response from companies. According to the cancellation notice, four of the blocks received no bids, while the remaining seven blocks garnered fewer than three technically qualified bids. The blocks in question, including Tungsten and Glauconite, are located in the states of Chhattisgarh and Arunachal Pradesh. The Ministry of Mines stated that since no bids were received for these four blocks, the auction process for them has been officially called off. As for the seven other blocks,…
Author: Business Jharkhand
Ranchi: Union Coal Minister G. Kishan Reddy is expected to visit Jharkhand on 9th January. The preliminary information regarding his visit has been communicated to the Coal India subsidiaries. During his visit, Reddy is likely to review the operations of Central Coalfields Limited (CCL) and CMPDI (Central Mine Planning and Design Institute), two key subsidiaries of Coal India operating in the state. Sources suggest that the minister may also lay the foundation stones for several new projects and inaugurate some of the completed initiatives. This visit will mark Reddy’s first trip to Central Coalfields Limited since taking over as the…
India produced its highest ever Coal production of 997.826 Million Tones (MT) in the financial year 2023-24, which shows a significant increase of 11.71% compared to the Coal production of 893.191 MT in the financial year 2022-23. According to a Social Media Post of The Ministry of Coal, the ministry has seen a transformational year in 2024, with unprecedented achievements in production, sustainability and technological innovation. Under the visionary leadership of the Prime Minister Shri Narendra Modi, the ministry is rapidly moving India towards developed India, strengthening energy security and promoting self-reliance. Next Coal Production Target is 1.5 BT by…
The suspension of Pooja Singhal, a senior IAS officer from Jharkhand, who was recently released from jail after 28 months in custody, may soon be lifted. The Jharkhand Government is exploring legal options to revoke her suspension. Legal experts are being consulted on the matter, and once their opinion is received, the suspension will be formally ended. This will allow Pooja Singhal to resume her duties and potentially be assigned significant responsibilities. Pooja Singhal was released on the 7th Dec, 2024 under the BNS Act, is still facing charges in an ongoing money laundering case. The court granted her bail…
The Jharkhand Government is set to auction 11 mines, including five gold mines. Chief Minister Hemant Soren has instructed the Mines Department to seek legal advice from the Law Department before proceeding for the auctions. As per the directive, the department has sent the necessary files to the Law Department for review. It has been informed that the auction process will begin in January 2025, once approval is received. Updates on the current status of these mines have also been requested. Jharkhand’s 11 Mines Will Be Auctioned The mines up for auction include four Limestone Mines, one Copper Mines, and…
Mumbai: The Reserve Bank of India (RBI) on 26th Dec, 2025 announced the formation of an 8-member committee to prepare a framework for responsible and ethical use of Artificial Intelligence (AI) in the financial sector. This committee will submit its report within six months from the date of the first meeting. Pushpak Bhattacharya will be the chairman of this committee. According to the Reserve Bank, Professor Pushpak Bhattacharya of the Department of Computer Science and Engineering at the Indian Institute of Technology (IIT), Mumbai will be the chairman of this committee. This panel headed by Bhattacharya will assess the current…
The Jharkhand Government has appointed personal secretaries (Aapt Sachiv) to six of its Cabinet ministers. Notification has been issued by the Cabinet Secretariat and Vigilance Department, Government of Jharkhand. These appointments include both Government and External quota selections. Cabinet Minister Mr. Yogendra Prasad has been allocated one personal secretary each from both the Government and External quotas. Additionally, five other Cabinet ministers have been assigned personal secretaries under the Government quota only. The appointed secretaries names are: Shri Manoranjan Kumar (JH-2020), currently serving as Block Development Officer in Mandar, has been appointed as the personal secretary (Government Quota) to Agriculture,…
An incident occurred today in Lohardaga involving Hindalco’s ropeway used for bauxite transport. Twelve trolleys carrying bauxite from Bagdu Mines fell one after another into a residential area, raising safety concerns. The incident happened early Sunday morning when fewer people were around. Fortunately, no casualties or injuries were reported. Residents felt relieved that it happened on a day when most people were indoors or away from the area. Hindalco’s ropeway system has been transporting bauxite efficiently for years, but this incident highlights the need for better safety measures. Some villagers said similar accidents have happened before, though none caused major…
Key Highlights: Villagers in Katia Mauja, Rudia Panchayat, oppose the transfer of 400 Acres of fertile agricultural land to SM Steel & Power Ltd. Men and women armed with traditional weapons rallied to the Chandil Subdivision Office, protesting against the administration’s actions. Slogans such as “Stop Stealing Tribal Land” and “We Need Food, Not Steel” were raised. Hundreds of villagers from Katia Mauja, Chandil (District Saraikela Kharsawan), carried traditional weapons and marched in protest against the transfer of fertile agricultural land to SM Steel & Power Limited. They accused the administration of bypassing local Gram Sabha consent in violation of…
The expansion of Steel Authority of India Limited’s (SAIL) crucial Tasra Open Coal Project will now proceed at a faster pace. Due to land scarcity, the expansion had been moving slowly, but 41.11 acres (16.64 hectares) of land in Asanbani village, under the Baliyapur block, has now been acquired for the project. The notification for land acquisition has been issued, and affected families will receive government compensation and other facilities as per the rules. Impact of the Project will be on 448 Families: The land acquisition will impact 448 families, who will be displaced from the area. According to the…