• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
Naveen Reiterates Demand For Revision Of Coal Royalty

Naveen Reiterates Demand For Revision Of Coal Royalty

7 years ago
Elephant raids food store

Elephant Strolls Into Convenience Store For Snacks [Watch]; Internet Calls It ‘Funniest Heist Ever’

9 hours ago
ITF Junior meet Bhubaneswar

Seven From Odisha In Main Draws Of Bhubaneswar ITF World Tennis Tour Junior Meet

10 hours ago
Mojtaba Khamenei portrait among those dead

Is Iran’s New Supreme Leader Dead? Mojtaba Khamenei Portrait In Mural Fuels Fresh Speculation

11 hours ago
Odisha sweltering

Sweltering Sunday: Jharsuguda Boils Again At 44.8°C As 12 Places In Odisha Cross 42°C

11 hours ago
passenger deboarded and arrested from Indigo flight

Passenger Deboarded From IndiGo Flight & Arrested; ‘Filmed Female Staff Inappropriately’

12 hours ago
Snakebite Toll In Kerala Rises To Seven With Two More Deaths

Snakebite Toll In Kerala Rises To Seven With Two More Deaths

13 hours ago
Karoline Leavitt

Did Karoline Leavitt Predict White House Correspondents’ Dinner Shooting? Check Social-Media Theories

13 hours ago
67-Yr-Old Grocery Store Owner Arrested For ‘Raping’ MBA Student Inside Women’s Hostel In Bhubaneswar

67-Yr-Old Grocery Store Owner Arrested For ‘Raping’ MBA Student Inside Women’s Hostel In Bhubaneswar

13 hours ago
7 AAP MLAs

AAP Moves Rajya Sabha Chairman Seeking Disqualification Of 7 Rebel MPs

14 hours ago
Pringles On A Leaf? Odisha Photographer’s Hilarious Spider Shot Wins Forbes Feature

Pringles On A Leaf? Odisha Photographer’s Hilarious Spider Shot Wins Forbes Feature

14 hours ago
Seven Fire Tenders Battle Intense Blaze At Odisha Tyre Manufacturing Facility

Seven Fire Tenders Battle Intense Blaze At Odisha Tyre Manufacturing Facility

14 hours ago
Over 5 Hectares Of Reed Swamp In Odisha’s Chilika Lake Destroyed In 3-Day Blaze

Over 5 Hectares Of Reed Swamp In Odisha’s Chilika Lake Destroyed In 3-Day Blaze

15 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Monday, April 27, 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 Uncategorized

Naveen Reiterates Demand For Revision Of Coal Royalty

by OB Bureau
March 11, 2019
in Uncategorized
Reading Time: 2 mins read
Naveen Reiterates Demand For Revision Of Coal Royalty
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Bhubaneswar: Chief Minister Naveen Patnaik on Saturday urged the Centre to expedite the decision on the long-pending claim of the Odisha government to revise the rate of royalty on coal from the present 14 per cent to 20 per cent.

“It is disheartening to learn that the final recommendation of the study group on coal royalty revision submitted on February 5 this year is still under consideration of the Central government,” the Chief Minister said in a letter to Union Coal minister Piyush Goyal.

ADVERTISEMENT

Justifying the claim of the Odisha government, he said while the state produces about one-fifth of the total coal produced in the country bearing the brunt of the adverse effects of such mining on the environment, besides increased strain on water resources and infrastructure coupled with displacement of people, a major portion of economic benefit from coal mining is being appropriated by the central government.

He further said that while the rate of royalty on coal has remained unchanged for the last six years (though the Mines And Minerals Development And Regulation (MMDR) Act permits its revision every three years),  the rate of clean energy cess levied on coal by the central government has been raised from Rs 50 per tonne to Rs 400 per tonne during this period. Since the introduction of clean energy cess on coal from 2010-11, the central government has collected about Rs 17,300 crore up to March 2018 whereas during this period the royalty received by the state is only about Rs 11,000 crore, he further said.

“The state government has been requesting for a share of at least 60 per cent of such funds to deal with the negative externalities which may be considered by the central government” Naveen pointed out.

Drawing the attention of the Union minister, he said the Mahanadi Coalfields Ltd (MCL), whose profit before tax (PBT) has increased to Rs 7339.66 crore (38% growth) in 2017-18 and contributed Rs 6163 crore in 2017-18 to the central exchequer, is yet to pay the compensation amount of Rs 8297.77 crore towards the cost of about 180 million tonnes of coal extracted in excess of the permissible limits under the environment clearance.

The Chief Minister requested the Union minister to direct the MCL to make the said payment at the earliest.

Tags: Chief Ministercoal royaltyNaveen PatnaikPiyush GoyalUnion Coal minister
Share196Tweet123
ADVERTISEMENT
OB Bureau

OB Bureau

Related Posts

Mojtaba Khamenei portrait among those dead

Is Iran’s New Supreme Leader Dead? Mojtaba Khamenei Portrait In Mural Fuels Fresh Speculation

by OB Bureau
April 26, 2026

Tehran: Mojtaba Khamenei, who was appointed successor of his slain father Ayatollah Ali Khamenei as Iran’s Supreme Leader, has not been...

3 Of Inter-State Drug Racket Arrested In Odisha’s Sonepur, Firearm & Ganja Seized

3 Of Inter-State Drug Racket Arrested In Odisha’s Sonepur, Firearm & Ganja Seized

by OB Bureau
April 22, 2026

Sonepur: Three members of an inter-state drug racket were arrested for allegedly smuggling ganja in Odisha’s Sonepur district. Acting on...

Untimely Rath Yatra Abroad By ISKCON Sparks Resentment In Odisha

Untimely Rath Yatra Abroad By ISKCON Sparks Resentment In Odisha

by OB Bureau
April 18, 2026

Bhubaneswar: Sparking a fresh controversy and resentment among devotees in Odisha, the International Society for Krishna Consciousness (ISKCON) has again...

2 Elephants Spotted At Shikharchandi Hill In Bhubaneswar

2 Elephants Spotted At Shikharchandi Hill In Bhubaneswar

by OB Bureau
April 18, 2026

Bhubaneswar: Two elephants were spotted roaming Shikharchandi Hill in Bhubaneswar, sparking panic among residents of the area. The tuskers named...

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