The Government Exchequer is losing Rs 4,000 crore and nearly 1.5 lakh people have lost their jobs due to mining ban in Karnataka, the Karnataka Chief Minister, Mr D.V. Sadananda Gowda, said here on Tuesday.
The Karnataka Government is planning to approach the Supreme Court to seek remedies for problems arising out of ban on iron ore mining in the State, he added.
Speaking to reporters on the sidelines of the National Executive meeting of FICCI in Bangalore, he pointed out that the State was seeking legal advice on the issue. But he did not give any timeframe for approaching the Supreme Court.
Mr Gowda told reporters that the Supreme Court was aware of the problems faced by the local steel manufacturers and could soon take a decision.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.