CAG pulls up Odisha govt over Rs 112 cr royalty shortfall on coal
General (CAG) of India has pulled up the Odisha government for non-inclusion of sizing charges in the Run-of-Mine price of coal during assessment, resulting in short levy of royalty of Rs 112.26 crore.
Mines and Minerals (Development and Regulation) Act, 1957, provides that the holder of a mining lease shall pay royalty in respect of any mineral removed or consumed by him from a lease area at the specified rate, the CAG said in its report on revenue sector for the year ended March 2018.
