Gandhinagar (Gujarat) [India], October 15 (ANI): As part of the Ease of Doing Business (EODB) initiative, the Gujarat state government has introduced an application-based system for the swift granting of leases for minor minerals on private land. To date, the state government has successfully auctioned 25 major mineral blocks, issuing intent letters for 20 of them. Additionally, 2,280 minor mineral blocks have also been successfully auctioned, according to a press release from the Chief Minister's Office.
"Entrepreneurship Day" was celebrated as part of Vikas Saptah at Mahatma Mandir in Gandhinagar on Tuesday. Chief Minister Bhupendra Patel presented Letters of Intent (LOI) to eligible leaseholders following the auction of mineral blocks. The Chief Minister highlighted the contributions of entrepreneurs to Gujarat's developmental journey.
On Entrepreneurship Day, LOIs were awarded for the Shepa Limestone and Marl Block and the Varvada Limestone and Marl Block. In the Shepa Limestone and Marl Block, located in Junagadh district, Bharat Quarry Workers were granted a 50-year mining lease.
In Devbhumi Dwarka's Varvada Limestone and Marl Mineral Block, Shri Jessa Ranmal Kandoriya was granted a 50-year LOI. In Sabarkantha's Harsol Block-1, Ashokkumar Amrutbhai Patel was approved for a 50-year term. Furthermore, in Bhuj's Nadapa region, Shri Gokul Kanabhai Dangar received an LOI for a China Clay mineral quarry lease.
Minerals play a vital role in various industries and the state's infrastructure development projects.
To encourage industrialists to actively engage in this growth journey, leases are allocated through transparent and competitive auctions.
Moreover, as part of the EODB initiative, the Minor Mineral Rules were amended on 12/10/2022 to allow application-based lease allocation for up to 4 hectares of private land. This amendment enables private landowners to easily obtain leases. So far, 188 applications have received prior approval for lease allocation. (ANI)
You may also like
Mumbai Tragedy: Ex-MLA Ram Pandagale's 39-Year-Old Son Dies By Suicide In Kandivali; Police Suspects Depression
Cristiano Ronaldo makes sarcastic gesture as Portugal star fuming after Scotland draw
Jamie Carragher's opinion of Thomas Tuchel as ex-Chelsea boss to take England job
Cash, caste, crop: Maha results will hinge on several factors
Indore: BCom Student Killed, Friend Injured After Being Hit By Truck On Bypass Road
Thomas Tuchel's huge England salary revealed as ex-Chelsea boss doubles Gareth Southgate pay
Rachel Reeves planning up to £40bn of tax rises and spending cuts in Budget
James May leaves fans concerned after being injured in horror bike accident
Jharkhand seat-sharing challenge for both INDIA bloc & NDA
Election Commission tackles urban voter apathy in Maharashtra and Jharkhand ahead of 2024 polls
World Conker Championships men's winner accused of cheating with 'steel' conker
Mumbai: Dindoshi Police Arrest 10th Accused In MNS Worker Akash Main's Murder Case In Malad, All Remanded Until October 22
Bombay HC Raps Police Over Delayed Probe Into America's Got Talent Show Winners 'V Unbeatable' Dance Group's Cheating Allegations Against Manager
Whale watcher survives 67 days at sea in dinghy with 'rainwater and freeze-fried noodles'
England stars' true feelings on Thomas Tuchel as German becomes new Three Lions boss
House hunters wanting a bargain should head to these post-war new towns - full list
Emmerdale exit sealed for Moira Barton as fans 'work out' heartbreaking twist
Mumbai: MMRDA Launches Backbay Reclamation Scheme To Rejuvenate Prime Waterfront Into Vibrant Urban Space By 2026
All there is to know about Travis Kelce from Taylor Swift romance to new career paths
BBC Strictly pro complains unsuspecting star should have gone home over Nick Knowles