FKCCI seeks reconsideration of SC order to suspend mining

BD Narayankar

Press Trust of India

Bangalore, Aug 6: Karnataka''s apex industry body FKCCI today pleaded for reconsideration of the Supreme Court''s recent order suspending iron ore mining and transportation from Bellary district, considering its impact on the state economy and people.
"Disruption in mining plays havoc to the state''s economy.
Apart from large scale unemployment, this mining ban will also affect the royalty and other tax accruals to the state," Federation of Karnataka Chamber of Commerce & Industry (FKCCI) President J R Bangera said in a statement here.
Iron ore mining and steel plants in Bellary contribute about 30 per cent to the district''s domestic production.
"Mining and steel plants employ about 50,000 people directly and about 2 lakh indirectly in transport and other services," he said.
Of the over 46 million tonnes (MT) of ore production, about 25 MT was consumed within the state by at least four major integrated-steel manufacturing plants, including the Vijayanagar plant of JSW and Ginigera plant of Kalyani in Bellary, Bangera said.
The apex court on July 29 had ordered immediate suspension of mining and transportation of iron ore from Bellary district, saying "over-exploitation" of the area has caused large-scale environmental degradation.

Links:

http://news.in.msn.com/business/article.aspx?cp-documentid=5347405

http://www.indiaeveryday.in/karnataka/fullnews-fkcci-seeks-reconsideration-of-sc-order-to-suspend-mining-1156-2906331.htm

http://article.wn.com/view/2011/08/06/FKCCI_seeks_reconsideration_of_SC_order_to_suspend_mining/

http://www.deccanherald.com/content/181869/fkcci-seeks-reconsideration-sc-order.html