Author: Business Jharkhand

Union Home Minister Amit Shah chaired the 27th Eastern Zonal Council meeting in Ranchi, highlighted 83% issue resolution since 2014. He announced plans to eliminate Naxalism by March 2026 and stressed on new criminal laws, narcotics control, regional cooperation, and development-focused governance. Union Home and Cooperation Minister Amit Shah, while addressing the 27th meeting of the Eastern Zonal Council held in Ranchi, announced that the Central Government is determined to make India completely free from Naxalism by 31st March, 2026. The meeting, organised at a Hotel Radisson Blu, Ranchi, saw participation from several dignitaries including Jharkhand Chief Minister Hemant Soren, Odisha…

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A Delhi court sentenced ex-MD Manoj Jaiswal to three years in jail and fined JAS Infrastructure Rs. 1 crore for fraud in Jharkhand’s Mahuagarhi coal block allocation. Earlier, two senior bureaucrats were acquitted, with the court citing collective decision-making and lack of personal wrongdoing. In a judgment related to the long-standing coal block allocation scam, a special CBI court in Delhi has sentenced a private company’s former managing director to three years of rigorous imprisonment and imposed a fine of Rs. 1 crore on the firm. The verdict pertains to fraudulent practices during the allocation of the Mahuagarhi coal block…

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Mining Revenue Soars to Rs. 2645 Cr by May After Royalty-Cess Hike Jharkhand’s Mining Department collected Rs. 2,645.58 crore in revenue by May 2025, up Rs. 1023 crore from last year due to increased royalty and cess rates. Coal royalties are now based on market rates, and cess on key minerals like iron ore and bauxite has been raised. Major contributions came from coal, iron ore, and mineral cess collections, significantly boosting state earnings. Eastern Zonal Council Meet Tomorrow in Ranchi Union Home Minister Amit Shah will chair the Eastern Zonal Council meeting in Ranchi on 10th July, with leaders…

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Nuvoco Cement’s Jojobera plant finalized a five-year wage agreement for contract workers, effective from 1st January 2025. Daily wages increased by Rs. 131.94 to Rs. 197.93 based on skill level. Allowances were revised retroactively from 2021, ensuring better income and long-term benefits for the workers. A new wage agreement has been finalized between the management of Nuvoco Cement’s Jojobera plant and trade unions, bringing a substantial salary hike for contract workers. As per the agreement, daily wages have been increased by a minimum of Rs. 131.94 and a maximum of Rs. 197.93, depending on the skill category. The revised wages have…

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BCCL has revived its long-closed PB (Pootkee Balihari) Project coal mine in Dhanbad under the MDO model, marking the first such operational mine in Coal India’s ecosystem. Awarded to Eagle Infra, the project aims to boost domestic coking coal production and support India’s steel and infrastructure sectors. In a major milestone for India’s coal sector, Bharat Coking Coal Limited (BCCL) has restarted production from its long-closed Pootkee Balihari (PB) Project in Dhanbad, using the Mine Developer and Operator (MDO) model. This is the first mine under Coal India Limited (CIL) to begin operations under the MDO framework, making it a…

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The Ministry of Mines is hosting a National DMF Workshop and SHG Exhibition in New Delhi on 9th July. The event aims to improve DMF operations, promote learning among districts, and showcase SHG products, supporting sustainable development in mining-affected areas across 23 states. The Ministry of Mines is organizing a National District Mineral Foundation (DMF) Workshop and a special Self-Help Group (SHG) Exhibition on Wednesday, 9th July, in New Delhi. This initiative is aimed at enhancing the effectiveness of DMF operations across the country and promoting learning between states and districts. The workshop will be inaugurated by Union Minister of Coal…

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Two trucks carrying stolen iron ore with fake invoices from Odisha were seized near Hatgamharia in Jharkhand. The scam reveals a large illegal mining network supplying ore to steel plants. Former CM Madhu Koda criticized the Government’s inaction and called it a planned mineral loot. A major illegal mining racket has come to light in Jharkhand’s West Singhbhum district, exposing the use of fake invoices to transport stolen iron ore from Odisha to various steel plants across the state. This case is raising serious questions about the control and accountability of mining operations in the region. Two Trucks Intercepted at…

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SAIL has transferred six senior officials from its Mining Division to improve internal efficiency and functioning. The officers have been directed to join their new postings within 14 days. The move aims to strengthen operations by placing experienced personnel in key roles across Kiriburu, MIOM, and Gua. The Steel Authority of India Limited (SAIL) has issued transfer orders for six senior officials working in its Mining Division, including officers from Kiriburu, MIOM (Meghahatuburu Iron Ore Mines), and Gua areas. The reshuffle is aimed at improving internal operations and overall efficiency within the division. According to the official transfer order issued by…

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Tata Steel has partnered with Australia’s InQuik Group to bring modular bridge technology to India. This smart, fast, and cost-effective method will help build strong, climate-resilient bridges, especially in remote areas. The move aims to boost India’s infrastructure with innovative and sustainable solutions. In a major move to strengthen India’s infrastructure, Tata Steel has signed a Memorandum of Understanding (MoU) with Australian company InQuik Group to introduce its award-winning modular bridge technology in the Indian market. The MoU was signed in Australia in the presence of Tata Steel CEO & MD T.V. Narendran and InQuik Group CEO Logan Mulholland. This strategic…

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The Government has asked Tata Steel to give details of land given to others and land encroachments since 2005. The lease ends in December 2025. People living in 86 bastis now hope to get land ownership. The new lease will start in 2026. As the current land lease agreement between Tata Steel and the Jharkhand government approaches its end on 31st December 2025, the district administration has started the groundwork for its renewal. A letter has been sent to Tata Steel, asking for detailed records of land transferred under the Business Transfer Agreement (BTA) and encroachments on leased land since…

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