Corporation envisages ecologically sustainable mining operations

NT NETWORK

Panaji

The Goa mineral development corporation bill, 2021, which is before the  state legislative assembly for consideration, aims at setting up a  Goa mineral development corporation to carry out mining operations and allied activities in an orderly, scientific and ecological sustainable manner.

The bill says the corporation shall obtain mining leases/grants, prospecting licences etc under the Mines and Mineral Development and Regulations Act, 1957 and carry out all mining operations.

As per the proposed legislation, the corporation shall be a body corporate having perpetual succession and a common seal and may sue and be sued in its corporate name and shall be competent to acquire, hold and dispose of property, both movable and immovable.

The bill says said the Chief Minister of the state shall be the chairperson of the corporation, which will have a managing director and other directors – the secretary of mines, the secretary of finance, the director of mines, a law graduate having experience of handling matters related to mining, two chartered accountants having an experience of ten years, a geologist to be nominated by the government, the secretary of the department of environment and climate change.

As per the bill, the corporation shall carry out business relating to the mining dumps, transportation, extraction of ore, export of ore and mining rejects, slurries, tailings etc as may be directed by the government from time to time.

The corporation shall be entitled to enter into any contracts, agreements, memorandum of understandings etc for engaging entities for the purpose of carrying out mining operations as it may consider necessary or expedient or any other business, says the bill.

The corporation has been empowered to appoint officers, advisors, experts, consultants and other employees as it considers necessary for the efficient performance of its functions.

The corporation may constitute such financial, technical and advisory committees to advise the corporation.

The establishment of the corporation will involve financial implications towards capital expenditure, salaries, office expenses, approximately to a tune of Rs 5 crore.

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