Min­ing gives TS `3.7K-cr in 2017-18

Deccan Chronicle - - City - DC COR­RE­SPON­DENT

The rev­enue from min­ing min­er­als in Te­lan­gana state has in­creased by 200 per cent over the last eight years. Rev­enue from the Te­lan­gana re­gion was `1,207.82 crore in 2010-11. It in­creased to `3,704.38 crore by the end of 2017-18 and is ex­pected to be higher by the end of this fi­nan­cial year.

Te­lan­gana state has rich min­eral de­posits and is the only state in south In­dia that has vast coal de­posits. The state govern­ment earns well from coal, as well as gran­ite and lime­stone, which are used in con­struc­tion.

Gran­ite is in great de­mand across the globe and there are about 723 gran­ite cut­ting and pol­ish­ing units in Te­lan­gana. Lime­stone is mainly used in ce­ment plants. There are about 21 ce­ment plants in the state.

A se­nior of­fi­cial in the Mines and Ge­ol­ogy depart­ment said, “There are sev­eral rea­sons for in­crease in the rev­enue. Ear­lier, min­ing used to take place but it was il­le­gal. The depart­ment was help­less be­cause of po­lit­i­cal pres­sure. Now, as ev­ery­thing is on­line, there is no scope for cor­rup­tion and il­le­gal min­ing. The govern­ment was very keen on min­ing and curbed il­le­gal min­ing ac­tiv­i­ties. The de­mand from the end user is also in­creas­ing ev­ery day as de­vel­op­ment is go­ing on.”

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