{"id":348503,"date":"2020-04-28T10:25:30","date_gmt":"2020-04-28T04:55:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348503"},"modified":"2020-04-28T10:46:23","modified_gmt":"2020-04-28T05:16:23","slug":"mines-ministry-writes-to-states-for-annualisation-of-auction-dues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mines-ministry-writes-to-states-for-annualisation-of-auction-dues\/","title":{"rendered":"Mines ministry writes to states for annualisation of auction dues"},"content":{"rendered":"<p>BHUBANESWAR: The Centre has recommended to states that upfront payment and stamp duty for auctioned mines be annualised in view of the coronavirus pandemic.<\/p>\n<p>In its April 22 letter addressed to the environment ministry secretary and all state chief secretaries, the mines ministry has also sought annualisation \u2013 or payment over the year instead of a single installment \u2013 of the net present value (NPV) for diversion of forests. ET has reviewed a copy of the letter.<\/p>\n<p>Quoting the finance ministry\u2019s February 19, 2020 order, which specifically included Covid-19 as force majeure, and the March 25, 2020 recommendations of the home ministry bringing mining under the Essential Services Maintenance Act, 1985, the Centre has asked state governments to take \u201curgent action\u201d in this regard.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BHUBANESWAR: The Centre has recommended to states that upfront payment and stamp duty for auctioned mines be annualised in view of the coronavirus pandemic. In its April 22 letter addressed to the environment ministry secretary and all state chief secretaries, the mines ministry has also sought annualisation \u2013 or payment over the year instead of a single installment \u2013 of the net present value (NPV) for diversion of forests. ET has reviewed a copy of the letter. Quoting the finance ministry\u2019s February 19, 2020 order, which specifically included Covid-19 as force majeure, and the March 25, 2020 recommendations of the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-348503","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348503"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348503\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}