• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
Odisha: CAG Report Claims ‘Abrupt Decline’ In Grade Of Iron Ore Post Auction, Lapses In Land Acquisition

Odisha: CAG Report Claims ‘Abrupt Decline’ In Grade Of Iron Ore Post Auction, Lapses In Land Acquisition

2 years ago
Odisha moves SC over Kotia dispute

Odisha Moves Supreme Court Against Andhra Govt Over Kotia Poll Notification

8 hours ago
Mohan Majhi at L & T

India Chem 2026: Odisha Secures Investment Proposals Worth Rs 54,000 Crore

8 hours ago
Tata Steel Kapilash Half Marathon

5,000 Runners Expected To Compete In Tata Steel Kapilash Half Marathon; Know How To Register

9 hours ago
‘Kalki 2898 AD’ Sequel: Prabhas Returns As Bhairava, Fans React To First Look

‘Kalki 2898 AD’ Sequel: Prabhas Returns As Bhairava, Fans React To First Look

9 hours ago
Senior girls kho kho joint champions

Odisha AM/NS India Kho Kho HPC Athletes Excel At State Championships In Puri

10 hours ago
Neha Bora

Setback For Neha Bora: Delhi HC Rejects Plea, Directs AISA Activist To Sign Peace Bond

10 hours ago
Threat Mail To Mumbai Mayor Mentions Big B, Diljit Concert; Police Find Nothing Suspicious

Threat Mail To Mumbai Mayor Mentions Big B, Diljit Concert; Police Find Nothing Suspicious

10 hours ago
‘I Would Love To Play Rahul Dravid’: Vikrant Massey Reveals His Dream Role

‘I Would Love To Play Rahul Dravid’: Vikrant Massey Reveals His Dream Role

11 hours ago
Firecracker factory explosion in Bihar

Many Feared Dead After Series Of Explosions In Bihar Firecracker Unit

11 hours ago
Odisha meeting for cyclone

Odisha Cancels Leaves Of Govt Officers & Employees; ‘Govt Ready For Possible Cyclone, No Need To Panic,’ Assures Minister

11 hours ago
Samantha Ruth Prabhu Calls CM Vijay Her ‘Lucky Charm’ After 3 Hit Films Together

Samantha Ruth Prabhu Calls CM Vijay Her ‘Lucky Charm’ After 3 Hit Films Together

12 hours ago
Swayams, Anwesh

Swayams, Anwesh On Top In Zurich: Odisha Chess Players Secure Top-2 Positions For First Time In FIDE Meet

12 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Saturday, October 24, 2026
No Result
View All Result
OdishaBytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
No Result
View All Result
OdishaBytes
No Result
View All Result
Home Featured

Odisha: CAG Report Claims ‘Abrupt Decline’ In Grade Of Iron Ore Post Auction, Lapses In Land Acquisition

by OB Bureau
September 12, 2024
in Featured, Odisha, Policy & Politics
Reading Time: 3 mins read
Odisha: CAG Report Claims ‘Abrupt Decline’ In Grade Of Iron Ore Post Auction, Lapses In Land Acquisition
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Bhubaneswar: There was an “abrupt and abnormal decline in the grade of iron ore and its classification” six iron-ore mines in Odisha after the auction, the Comptroller and Auditor General of India (CAG) has observed.

“The decline of grade of iron ore has resulted in a revenue implication of approximately Rs 4,162.77 crore for the financial years 2020-21 and 2021-22 in the form of lesser royalty and premium (post auction),” said the report laid before the Odisha Assembly on Wednesday.

ADVERTISEMENT

Stating that it is “highly improbable”, the report attributed the sharp decline in the grade of iron-ore within a short period of one or two years to possible misreporting by new lessees to avoid higher royalty and premium payable on higher grades.

The state government has formed a committee led by the director of mines and geology to study the discrepancy in downgrading and misreporting of size of ore and the committee observed downgrading of ore in three leases and discrepancy in size of ore in six leases. “On account of the violation, the government has demanded an amount of Rs 471.48 crore from the lessees, who have preferred revision of the cases before the revision authority,” it added.

 Major lapses in land acquisition procedures

The CAG found that the previous government had violated the prior consent of gram sabha norm for acquisition of land in scheduled areas in a large number of cases between 2017-18 and 2021-22.

Preliminary notifications for acquisition of land issued without conducting gram sabha meetings in 126 out of 294 cases. In ten cases, the meetings were held after the notification was issued, the audit of land acquisition in Kalahandi, Keonjhar, Koraput, Mayurbhanj, Nabarangpur and Sundargarh districts revealed.

The report further stated that social impact assessment (SIA) was not carried out in 44 of 254 cases. These were among the 312 land acquisition cases, which included 58 cases relating to irrigation projects, test-checked by CAG.

It also found irregularities in payment of compensation to the displaced and affected families. Preliminary notifications for acquisition of 82.852 acre land for three projects was issued after lapse of about one and half years from the stipulated 12 months  from the date of appraisal of the SIA report by an expert group in accordance with Section 11 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (RFCTLARR) Act, 2013.

In Sundargarh district, the benchmark value despite being higher than the average sales value of similar category of land in other districts was not considered for determination of the market value of land. This led to under assessment of  amount of compensation by Rs 5.27 crore. In 179 cases, involving acquisition of 3,055.583 acre land, the compensation amount of Rs 120.94 crore could not be disbursed as land records were not updated.

Also Read: Odisha Govt Paid Over Rs 782 Cr To 12.72 Lakh Ineligible Beneficiaries Under KALIA Scheme: CAG Report

Biju Expressway: Undue benefit to concessionaire on inflated project price

As against the actual bidding price of Rs 918.41 crore, project cost of Rs 1,292.56 crore was considered by the Works Department. As concessionaire has claimed 36 per cent VGF, the amount of should have been pegged at Rs 330.63 crore instead of Rs 465.30 crore. Thus, due to preparation of faulty DPR without considering above components, excess VGF of Rs 134.67 crore was paid to concessionaire. Due to inflated estimates, the concession period was enhanced by six years. As per the assessment, the concessionaire would collect revenue of Rs 4,876.38 crore from the general public which would include net additional profit of Rs 2,322.19 crore in six years, the report said.

Rs 125.99 crore loss on stamp duty, registration fees

The state exchequer incurred an alleged loss to the tune of Rs 125.99 crore on stamp duty and registration fees due to the defective fixation and revision of Market Value Guidelines (MVG) for urban plots and buildings under the Odisha Stamp (Amendment) Rules, 2001, between 2018-19 and 2021-22 financial years, according to the CAG report.

“As per the report of the Expert Valuer, the absolute difference between the fair market value and MVG ranged from Rs 62 lakh to Rs 72 crore in the case of 100 plots. Such a difference was higher than Rs 10 crore, in the case of 59 plots. The revenue implication towards loss of Stamp Duty and Registration Fees on account of undervaluation of these 100 plots (land component alone, without considering the valuation of the buildings constructed on them), worked out to be Rs 125.99 crore.”

It also highlighted several irregularities in six departments, including Revenue & Disaster Management, Rural Development, Scheduled Tribe & Scheduled Caste Development, Minorities & Backward Classes Welfare and Co-operation.

The findings also revealed discrepancies in implementation of various flagship programmes – Mukhya Mantri Sadak Yojana, the Post Matric Scholarship scheme for ST and SC students in Khurda district – of the previous government, resulting in the loss of crores to the state.

The report unearthed that the Odisha State Co-operative Bank incurred expenditure of Rs 8.69 crore in procurement of 20 mobile Automated Teller Machine (ATM) vans and allied items/ services during April 2016 to March 2020. These ATM vans deployed in 20 blocks to provide Bank on Wheel services turned non-operational by June 2022. “Thus, a sum of Rs 8.69 crore spent for procurement and operation of ATMs became wasteful,” the report added.

 

 

 

Share196Tweet123
ADVERTISEMENT
Previous Post

Madhya Pradesh Horror: Trainee Army Officers Assaulted, Woman Friend Gangraped

Next Post

Stand-Up Comedian Vir Das First Indian To Host International Emmy Awards

OB Bureau

OB Bureau

Related Posts

Odisha moves SC over Kotia dispute

Odisha Moves Supreme Court Against Andhra Govt Over Kotia Poll Notification

by Amitava Dasgupta
October 23, 2026

Bhubaneswar: The Odisha government on Friday filed a contempt of court petition in Supreme Court against the Andhra Pradesh government...

Mohan Majhi at L & T

India Chem 2026: Odisha Secures Investment Proposals Worth Rs 54,000 Crore

by OB Bureau
October 23, 2026

Mumbai: Odisha has attracted investment proposals worth Rs 53,893.51 crore during India Chem 2026 here, with the potential to generate...

Tata Steel Kapilash Half Marathon

5,000 Runners Expected To Compete In Tata Steel Kapilash Half Marathon; Know How To Register

by OB Bureau
October 23, 2026

Dhenkanal: The Tata Steel Kapilash Half Marathon will be organised by Tata Steel Meramandali (TSM), in collaboration with Dhenkanal district...

Odisha meeting for cyclone

Odisha Cancels Leaves Of Govt Officers & Employees; ‘Govt Ready For Possible Cyclone, No Need To Panic,’ Assures Minister

by OB Bureau
October 23, 2026

Bhubaneswar: The Odisha government is fully prepared to deal with a possible cyclone, Revenue and Disaster Management Minister Suresh Pujari...

Next Post
Stand-Up Comedian Vir Das First Indian To Host International Emmy Awards

Stand-Up Comedian Vir Das First Indian To Host International Emmy Awards

OMC-Ad OMC-Ad OMC-Ad
SAI International School SAI International School SAI International School
OdishaBytes

Copyright © 2026 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • News Feed

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2026 Frontier Media