{"id":10848,"date":"2024-06-14T14:50:18","date_gmt":"2024-06-14T14:50:18","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=10848"},"modified":"2024-06-14T14:50:18","modified_gmt":"2024-06-14T14:50:18","slug":"from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/","title":{"rendered":"From 50% to nil, Centre cuts ore export duty for Goas mining boost"},"content":{"rendered":"<p>TheUniongovernment has reduced the export duty on iron <a href=\"https:\/\/exam.pscnotes.com\/ore\">Ore<\/a> below 58-grade from 50% to nil. The decision of the Centre, ahead of the auctioning of four mining blocks, may receive huge response from mining and steel companies to participate in the auction. The <a href=\"https:\/\/exam.pscnotes.com\/union-government\">Union Government<\/a> in May this year had increased the export duty on iron ore.<\/p>\n<p>Most of the iron ore produced in Goa is low grade (below 58-grade), and most of <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> it is exported. The Centre had also hiked export duty on ore above 58-grade to 50% from existing 30%. But it has also reduced it to 30%.<\/p>\n<p>Mining in Goa came to a halt in March 2018, after theSupreme Courtquashed the second renewal of 88 mining leases.<\/p>\n<p>The  has put up four mining blocks for auction, of which three are in the north and one is in the south, and over 24 companies have shown interest in participating in the auction.<\/p>\n<p>This is for the first time that the state government is auctioning leases to carry out <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> mining activities in the state. The state government has revised the timeline for the auctioning process. Major steel and iron ore mining companies from outside Goa have shown interest in operating mines in the state.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TheUniongovernment has reduced the export duty on iron Ore below 58-grade from 50% to nil. The decision of the Centre, ahead of the auctioning of four mining blocks, may receive huge response from mining and steel companies to participate in the auction. The Union Government in May this year had increased the export duty on &#8230; <a title=\"From 50% to nil, Centre cuts ore export duty for Goas mining boost\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/\">Read more <span class=\"screen-reader-text\">From 50% to nil, Centre cuts ore export duty for Goas mining boost<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1095],"tags":[893],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>From 50% to nil, Centre cuts ore export duty for Goas mining boost - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From 50% to nil, Centre cuts ore export duty for Goas mining boost\" \/>\n<meta property=\"og:description\" content=\"TheUniongovernment has reduced the export duty on iron Ore below 58-grade from 50% to nil. The decision of the Centre, ahead of the auctioning of four mining blocks, may receive huge response from mining and steel companies to participate in the auction. The Union Government in May this year had increased the export duty on ... 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The decision of the Centre, ahead of the auctioning of four mining blocks, may receive huge response from mining and steel companies to participate in the auction. The Union Government in May this year had increased the export duty on ... Read more From 50% to nil, Centre cuts ore export duty for Goas mining boost","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T14:50:18+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/","name":"From 50% to nil, Centre cuts ore export duty for Goas mining boost - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-14T14:50:18+00:00","dateModified":"2024-06-14T14:50:18+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/from-50-to-nil-centre-cuts-ore-export-duty-for-goas-mining-boost\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"From 50% to nil, Centre cuts ore export duty for Goas mining boost"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10848"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=10848"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10848\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=10848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=10848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=10848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}