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.