05-23-2007, 01:17 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Congress defies code of conduct in Goa </b>
Pioneer.com
Nidhi Sharma | New Delhi
Govt rolls back export duty on iron ore; complaint filed with Election Commission
Twenty days after the Election Commission of India notified Assembly poll in Goa, Finance Minister P Chidambaram handed out an obvious sop to the mining sector - the prime revenue generating sector of the State.
Chidambaram partially rolled back export duty on a specific type of iron ore, which is primarily available in Goa, after the model code of conduct for Assembly election became operational in the State. A complaint of violation of model code was filed with the Election Commission on Tuesday by MK Singh, convener of Save India Promote India (SIPI).Â
In his Budget speech on February 28, Chidambaram had announced imposition of export duty of Rs 300 per metric tonne on export of iron ores and concentrates. This announcement led to angry protests by the mining industry, especially in Goa. Contrary to popular belief, Goa's economy is mainly dependent on iron ore mining and not tourism. The State is the prime exporter of low-grade iron ore fines and lumps, which have less than 62% iron content. This type of iron ore is available mainly in Goa and parts of Maharashtra.
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Pioneer.com
Nidhi Sharma | New Delhi
Govt rolls back export duty on iron ore; complaint filed with Election Commission
Twenty days after the Election Commission of India notified Assembly poll in Goa, Finance Minister P Chidambaram handed out an obvious sop to the mining sector - the prime revenue generating sector of the State.
Chidambaram partially rolled back export duty on a specific type of iron ore, which is primarily available in Goa, after the model code of conduct for Assembly election became operational in the State. A complaint of violation of model code was filed with the Election Commission on Tuesday by MK Singh, convener of Save India Promote India (SIPI).Â
In his Budget speech on February 28, Chidambaram had announced imposition of export duty of Rs 300 per metric tonne on export of iron ores and concentrates. This announcement led to angry protests by the mining industry, especially in Goa. Contrary to popular belief, Goa's economy is mainly dependent on iron ore mining and not tourism. The State is the prime exporter of low-grade iron ore fines and lumps, which have less than 62% iron content. This type of iron ore is available mainly in Goa and parts of Maharashtra.
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