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Centre promises to put Bayyaram mines to use
The Centre has agreed to set up a task force comprising Central, State and PSU representatives to conduct an in-depth study of existing alternatives in a time-bound manner, based on which a decision will be taken on Bayyaram mines in Khammam district of Telangana.
New Delhi/Hyderabad: The Centre has agreed to set up a task force comprising Central, State and PSU representatives to conduct an in-depth study of existing alternatives in a time-bound manner, based on which a decision will be taken on Bayyaram mines in Khammam district of Telangana.
- Asks CM KCR to identify mines for auction at earliest
- Says decision within 60 days of TS submitting a report
This was disclosed by the Union Minister for Steel and Mines, Narendra Singh Tomar, when Telangana Chief Minister K Chandrashekar Rao called on him at Udyog Bhavan on Friday. Rao was accompanied by Union Minister of State for Labour Bandaru Dattatreya.
Emphasising on the need to revive mining sector, Tomar urged the Chief Minister to identify mines for auction at the earliest possible time. “We’re framing rules and procedure with regard to auction, and preparing necessary documents to kick-start auctioning of mines,” informed Tomar. “States are exhorted to involve PSUs involved in mining work, to help build a robust mineral inventory database,” he added.
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Tomar asked the Telangana government to submit a detailed report on the mines and assured that the Centre would take a decision within 60 days of receiving it. He promised that whatever can be done would be done for the people and the State of Telangana. Hinting at threat of insurgency in the mines area, KCR sought support of the Central government in establishing a steel industry in the affected regions.
Union Secretary (Steel) Rakesh Singh apprised the meeting of a feasibility study that had already been conducted by Steel Authority of India Limited (SAIL). It is learnt that different mechanisms and permutations were discussed to evolve a plan wherein a major industry – whether in mining, steel-making, pellet-making, or a combination of all – could be operationalised efficiently.
“State and Central governments must step in with sops to guarantee commercial viability of the project,” Singh added. He averred that the target of achieving 300 million tonne steel production by 2025 gives enough elbowroom to set up greenfield capacities.
