Author: BigMint Technologies Pvt Ltd
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50:50 Rule: Odisha Govt fixes Iron Ore Allocation to State based Companies
A major relief for Odisha based steel industry, who were finding it tough for survival due to Iron ore. Based on 50:50 gazetted notification (attached), Odisha government has fixed quarterly allocation of Iron ore to state based companies as per their requirement. Prices are fixed on IBM monthly prices, which are quite lower than current…