Odisha Current Affairs - 2019

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Orissa slaps a penalty of Rs 23,904 crore on ‘errant miners’

The Orissa steel and mines department has imposed a penalty of Rs 23,904 crore on 27 miners in the mining circle of the mineral-rich Keonjhar district for extraction of ore beyond the permissible limits.

Companies which have been slapped with penalties include Tata Steel, Aditya Birla-owned Essel Mining and the state-owned Orissa Mining Corporation.

Tata Steel has been asked to pay Rs 6,265 crore. Others who have been charged are Essel Mining (Rs 4,530 crore), RP Sao (Rs 3,872 crore), Sarada Mines (Rs 2,845 crore), KJS Ahluwalia (Rs 2,022 crore), Serajuddin & Co (Rs 1,983 crore).

Month: Categories: Constitution & LawEnvironment & BiodiversityPlaces in News

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Gujarat tops in private sector investments across India

As per an analysis titled ‘Composition of Outstanding Investments Across States,’ carried out by Assocham, Gujarat has the biggest share of 12.5% in total outstanding private sector investments ((including both domestic and foreign private sectors) across India as of June 2012. As per the analysis top 4 states are:

  1. Gujarat (12.5%)
  2. Odisha (10.7%)
  3. Maharashtra (8.9%)
  4. Andhra Pradesh (8%)

With a share of over Rs 82.9 lakh crore, the private sector accounts for over 59% of the total outstanding investments across India worth over Rs 140 lakh crore as of June 2012.
Kerala, Himachal Pradesh, Jammu and Kashmir, Uttarakhand and Assam have the smallest share of less than 1%.

Month: Categories: States

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