Supreme Court had imposed a ban on Iron ore mining in Goa in September 2012, after Shah Commission reported about illegality on the same which was around violating environment.
After a long wait of one year, industry is hopeful that some positive verdict might come out, as the present situation has been rated as the 'worst'.
The mining sector accounts for about 35% of Goa's gross domestic product (GDP) and is contributed in large for exports of Iron ore from India.
The Central and State government have lost about USD 8 billion Forex in last one year.
The depreciating Rupee which touched 68 levels against US Dollar could have accounted for huge profits and helped the Indian government in narrowing the current account deficit and growth in the country's economy.
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