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Karnataka State Plan to Ban Iron Ore Exports Knocked Back

By Joel ScanlonSep 13 2010

The Karnataka state government's desperate plea to the central government in India to ban the export of iron ore met with sensible resistance to the impractical idea.

The state of Karnataka has been battling illegal mining of iron ore and had requested a ban on iron ore exports to stem the illegal activities. Chief Minister Yeddyurappa had asked for this action to help clamp down on illegal mining.

However any such move will result in massive unemployment, revenue loss and social tensions as per the Union Commerce and Industry Minister Anand Sharma. He also said that Indian iron ore mines produced close to 230 million tonnes annually and the domestic consumption was not more than 90 million tonnes.

This left the country with a surplus of about 140 million tonnes annually and it was not possible to store this without risking environmental hazards. He also added that banning iron ore exports was not the solution to check the illegal mining in the state. He said that those engaged in legal mining would be the ones who got punished if the ban was imposed.

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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APA
Scanlon, Joel. (2019, March 19). Karnataka State Plan to Ban Iron Ore Exports Knocked Back. AZoMining. Retrieved on October 16, 2024 from https://www.azomining.com/News.aspx?newsID=321.
MLA
Scanlon, Joel. "Karnataka State Plan to Ban Iron Ore Exports Knocked Back". AZoMining. 16 October 2024. <https://www.azomining.com/News.aspx?newsID=321>.
Chicago
Scanlon, Joel. "Karnataka State Plan to Ban Iron Ore Exports Knocked Back". AZoMining. https://www.azomining.com/News.aspx?newsID=321. (accessed October 16, 2024).
Harvard
Scanlon, Joel. 2019. Karnataka State Plan to Ban Iron Ore Exports Knocked Back. AZoMining, viewed 16 October 2024, https://www.azomining.com/News.aspx?newsID=321.