Gov­ern­ment pre­pares road map for min­ing com­pa­nies a boon to KIOCL


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The gov­ern­ment is work­ing for the re­fine­ment in the field of Min­ing sec­tor by adopt­ing the lat­est tech­nolo­gies un­der the Min­ing Sur­veil­lance Sys­tem (MSS). There has been an amend­ment in the Mines and Min­er­als ( De­vel­op­ment & Reg­u­la­tion) Act 2005 which is a great for­ward move for the growth of min­ing in­dus­try in In­dia. Shri Chat­ter­jee, CMD,KIOCL lim­ited wel­comes the Min­eral Con­ces­sion Rules 2016 which would fa­cil­i­tate in de­vel­op­ing a con­ducive busi­ness en­vi­ron­ment, can bring trans­parency, clar­ity of terms, sim­pli­fi­ca­tion of process & ad­her­ence to time lim­its.

Nat­u­ral Re­sources are the as­sets of the Na­tion which are re­quired to be utilized for the de­vel­op­ment & progress of the coun­try. The min­er­als found in the na­ture are to be ex­plored and mined with a proper mon­i­tor­ing sys­tem. The stat­u­ary guide­lines laid down by the gov­ern­ment has to be en­forced fol­lowed with puni­tive ac­tion for non com­pli­ance. The Min­eral Con­ces­sion Rules 2016 aims to stream­line the process and time­lines for grant of con­ces­sions, dis­posal of ap­pli­ca­tions and grant­ing of min­ing leases. The Mines min­istry is closely work­ing with the Bhaskaracharya In­sti­tute of Space ap­pli­ca­tions and Geo- In­for­mat­ics (BISAG) un­der the Depart­ment of Com­mu­ni­ca­tions and IT for de­vel­op­ing suit­able tech­nol­ogy for the plat­form. The Min­ing Sur­veil­lance Sys­tem (MSS) will track the mine lease area and will de­tect even the slight­est change in the to­pog­ra­phy thereby curb il­le­gal min­ing. Once the process of auc­tion­ing of mine al­lot­ment starts the pri­vate mine own­ers will play a cru­cial role in the forth com­ing days and the strin­gent rules can surely see that the min­er­als are ex­plored ju­di­ciously with­out caus­ing en­vi­ron­men­tal hazards.

The steel sec­tor is pass­ing through a very dif­fi­cult phase due to eco­nomic slow­down glob­ally that has shaken the steel sec­tor. The is­sue of dump­ing by China has been re­acted swiftly by the gov­ern­ment by im­pos­ing min­i­mum im­port price (MIP) thereby fresh im­ports will not come. The per capita con­sump­tion of steel in In­dia is 60 kgs and the global av­er­age is 225 kgs. The bud­get has fo­cused on in­fra­struc­ture such as na­tional high­ways, bridges, rail­ways etc that will boost de­mand for steel.


KIOCL with a pel­let plant at Man­ga­lore, sourc­ing the ore from NMDC due to lack of cap­tive mines has urged the Union Min­ster of Steel, Shri Biren­dra Singh Choudary to help in speed­ing up the process of al­lot­ment of cap­tive iron ore mines. The Min­is­ter re­viewed the per­for­mance of KIOCL in pres­ence of the se­nior of­fi­cials of the Min­istry. The per­for­mance be­sides the var­i­ous Min­ing lease ap­pli­ca­tions, ini­tia­tives and ef­forts taken by the Com­pany so far in ac­quir­ing min­ing as­sets and the bot­tle­necks thereon were dis­cussed in de­tail.

CMD, KIOCL Shri Malay Chat­ter­jee sub­mit­ted the de­tails vide a power point pre­sen­ta­tion high­light­ing the sta­tus of the Com­pany . Hon’ble Min­is­ter ex­pressed his sat­is­fac­tion for rec­om­mend­ing an Iron ore Block re­cently by the Govt. of Kar­nataka in De­vadari Range, Bel­lary sec­tor in Kar­nataka State in favour of KIOCL which has been with­out mine for a decade on clo­sure of Ku­dremukh Mine.

Hon’ble Min­is­ter ap­pre­ci­ated the ef­fort of KIOCL for open­ing of its O&M ver­ti­cal for gain­ful uti­liza­tion of its Hu­man Re­source. KIOCL has al­ready taken up 3 plants to op­er­ate and main­tain with its own ex­pert avail­able man­power.

Hon’ble Min­is­ter Shri Chaud­hary also re­viewed the ini­tia­tives of the Com­pany in im­ple­men­ta­tion of Swachh Bharat Ab­hiyan and laid em­pha­sis on the Skill De­vel­op­ment ini­tia­tive taken by the Com­pany and as­sured all sup­port & as­sis­tance for the re­ju­ve­na­tion of KIOCL.


Shri Ra­jiv Pratap Rudy, Hon’ble Union Min­is­ter of State Skill De­vel­op­ment and En­trepreneur­ship, Gov­ern­ment of In­dia vis­ited the KIOCL-QUESS Academy, Managluru on the oc­ca­sion of the 70th In­de­pen­dence Day on 15th Au­gust 2016.

Speak­ing on the oc­ca­sion, he said that sev­eral en­gi­neer­ing stu­dents are com­plet­ing their grad­u­a­tion ev­ery year, they earn very low salaries due to their un­der­de­vel­oped skills. He said that the skill de­vel­op­ment cen­ters un­der Skill In­dia Project, an ini­tia­tive by the Prime Min­is­ter, were en­gaged in pro­cess­ing and en­hanc­ing the skills to make stu­dents suc­cess­ful in their ca­reer growth.

He con­grat­u­lated KIOCL for be­ing the first PSU to ma­te­ri­alise this project of SKILL IN­DIA by start­ing the KIOCL-QUESS ACADEMY along with the QUESS CORP PVT LTD., which is en­light­en­ing the stu­dents of ITI, Di­ploma and En­gi­neer­ing stu­dents to im­pro­vise their skills.

Shri Nalin Ku­mar Ka­teel, MP, Capt Ganesh Karnik, MLC ac­com­pa­nied the Min­is­ter on the oc­ca­sion. Shri. N. Vidyanada, Di­rec­tor (Pro­duc­tion & Projects) briefed about KIOCL, Shri. Bo­braj V.jeya­ha­ran, Gen­eral Man­ager, Se­nior Of­fi­cials and employees of KIOCL and QUESS Corp wit­nessed the oc­ca­sion. The Di­rec­tor of QUESS Corp Shri Mangesh Gawande wel­comed the gath­er­ing. The pro­gramme con­cluded with the plan­ta­tion of sapling in the Com­pany premises.


WIPS, KIOCL Cor­po­rate wing or­ga­nized Med­i­cal Health Camp and Aware­ness drive fo­cus­ing the ven­dors of Madi­wala mar­ket ad­ja­cent to the cor­po­rate of­fice on 20th July 2016 at Pel­let Au­di­to­rium, KIOCL premises, Ban­ga­lore.

The mis­sion of the med­i­cal health camp and aware­ness drive was to in­cul­cate aware­ness for bet­ter health & hy­giene in our sur­round­ings by con­duct­ing free med­i­cal con­sul­tancy, dis­tri­bu­tion of free ba­sic medicines, di­ag­nose their prob­lems and guide them for fur­ther treat­ment. Med­i­cal In­ves­ti­ga­tions such as blood pres­sure, blood sugar, phys­i­cal check up and Gen­eral con­sul­tancy was ex­tended dur­ing the drive.

The camp was well re­ceived by the ven­dors of Madi­wala mar­ket and around 77 ben­e­fi­cia­ries at­tended the camp and availed the ben­e­fits.

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