Bihar govt expecting Rs 5,000 cr revenue from mineral block auction

The Bihar government is expecting an earning of around Rs 5,000 crore from the auction of mineral blocks in Rohtas, Gaya and Jamui, a senior official said on Wednesday.

Blocks of glauconite in Rohtas and rocks containing chromite (Cr), nickel (Ni) and platinum group of elements (PGE) in Gaya have been recently auctioned, he said.

"Three more mineral blocks in Rohtas and Jamui will be auctioned by the state government in October. The government is expected to earn Rs 5,000 crore from the auction of these blocks, including those auctioned recently," Mines and Geology Department Additional Chief Secretary Mihir Kumar Singh said.

In a bid to effectively monitor mining activities and take stringent action against those indulging in illegal practices in the sector, the department has requested the authorities concerned to grant magisterial power to mining officers and inspectors, he said.

"If our officers are granted magisterial power, the department will work more independently and ...