Digital Goa, May 15-The Government of Goa has issued an amendment to its existing policy on the regulation of iron ore dump handling in the state, adding a new financial obligation for applicants, particularly erstwhile lease holders. According to the amended notification, a “premium” amount will now be applicable along with the existing royalty and statutory compliance requirements for handling iron ore dumps. The revision specifically alters Clause 2.2 and Clause 5.8 of the earlier policy.
In Clause 2.2, the phrase “Premium, royalty and compliance of all statutory requirements” replaces the earlier wording to reflect the added financial burden. Additionally, a new Explanation 3 has been inserted, clarifying that the premium per tonne, payable by the applicant or erstwhile lease holder, will be determined by the government from time to time.
