Thursday, May 05,
Iron ore exporters from Karnataka may have to wait longer to resume exports, as the state government is likely to delay the issue of permits.* Though the Supreme Court, on Monday, directed the state government to start issuing export permits, the government has asked for more time to put in place the regulatory mechanism.
“We are yet to get the circular from the head office in Bangalore before we process applications of mining companies for export permits. Once we get the order, we need at least another 15 days to put in place a system to monitor the movement of lorries,” official sources told.
Already, a dozen companies including Mineral Enterprises Limited, MSPL, Sesa Goa and Shree Kumaraswamy Mineral Enterprises, among others, have applied to the department of mines and geology and are waiting for export permits.
Though the deadline for setting up the regulatory machinery has passed and exporters have applied for permission, they complain thegovernment was not sanctioning exports, hence affecting their international commitments.
Source: BS
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