For the first time, the government quarries in the state will go for e-auctioning, that will not only ensure transparency but also fetch a handsome revenue for the government through auctions, in addition to the seigniorage fee and royalty on the mined products.<\/p>\n
The individual district collectors have been locating the revenue poramboke land available in the particular district suitable for quarrying and will put them on the e-auction site, that will then be auctioned at a base price of Rs 10 lakh per hectare per annum, for a lease period of 12 years.<\/p>\n
Till now, the quarries in the government land were given permits (those which are less than one hectare in area) and those which were leased out (more than one hectare) on a first-cum-first-serve basis. Also, the no-objection certificates (NOCs) being issued by the revenue department were then given without any cost. With the e-auctioning in place, the bidding can fetch any amount above Rs 10 lakh every year for a hectare, if the place is in high demand.<\/p>\n","protected":false},"excerpt":{"rendered":"