Tuesday, April 05,
Supreme Court has lifted the ban on iron ore exports from Karnataka today.*
“The court ordered that after April 20, the state government order on the ban will be null and void,” said Ankur Kulkarni, a lawyer for S. B. Minerals, one of the petitioners.
Karnataka, which accounts for a quarter of India’s iron ore exports, banned shipments of iron ore from 10 ports and stopped its transport to other ports for exports in July last year. India’s iron ore exports fell 18.6% in February, as the ban on exports by Karnataka continued to cut sales.
Exporters and miners from the state challenged the ban in Karnataka high court, but lost the case, following which they petitioned the Supreme Court in November.
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