Some truck owners in Goa had created a crisis and stopped transportation of iron ore from Vedanta Sesa iron ore site in Goa which has hampered movement of material. The truck owners under All Goa Truck Owners Association are demanding a hike in the iron ore transportation rates.
To solve the deadlock between truck owners and a mining company state government of Goa has announced to form an expert committee. The Chief Minister Mr. Laxmikant Parsekar said that an expert panel comprising of officials from mines department, representatives from mining companies, chartered accountants, members of Goa Mineral Ore Transportation Association (GMOEA) and truck owners will be formed to solve the issue.
On 11 Dec’15, Goa’s Chief minister Mr. Laxmikant Parsekar in a meeting urged the truck owners to resolve the deadlock between mine owners and truck owners over transportation of iron ore. But the mining truck owners have rejected the govt’s proposal and strike has continued.
On the other side, the mining company is finding it difficult to hike the fares as they are already struggling with falling global iron ore prices.
Goan miners have resumed mining activities in the month of Oct’15 and the strike called by truck owners has suspended the movement for iron ore exports.
Goan miners seek removal of export duty on low grade ore
Battered by constant decline in global prices, levy of export duty and taxes Goan miners have urged for removal of export duty. As per sources, in a meeting conducted yesterday (16 Dec’15) between Goa Chief Minister and the Goan miners the Goan miners have requested for removal of export duty.
Export duty on iron ore fines (with Fe content 58% and above) is 30% and 10% for below this grade.
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