State Team to Study Odisha’s Model as Revenue Lags at Rs 12,000 Crore
Key Points:
- State holds 40% of India’s mineral wealth but faces revenue shortfall
- Odisha earns Rs 50,000 crore yearly compared to Jharkhand’s Rs 12,000 crore
- Law and order issues hamper mining operations in remote areas
RANCHI – Jharkhand government launches initiatives to boost mineral sector revenue while addressing operational challenges in mining areas.
The state showcased its potential recently. “We have diverse mineral deposits,” a mining official noted.
Investment Drive
A Delhi exhibition attracted 50,000 visitors. Various minerals drew industrialist interest.
The state highlighted uranium and lithium deposits. Moreover, traditional minerals remain abundant.
Operational Challenges
Remote locations face security issues. Vehicle movement often gets disrupted.
Local problems affect work culture. Meanwhile, mines remain closed despite employing local youth.
Revenue Enhancement
Officials plan visits to neighboring states. Odisha’s mining model draws particular attention.
Finance Minister Radhakrishna Kishore seeks solutions. “We must match Odisha’s success,” he emphasized.
The state focuses on extraction efficiency. Furthermore, marketing strategies need improvement.
