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    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-03-24 14:09:28</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Jaipur, Mar 24 (KNN)&lt;/strong&gt; Mining stakeholders in Rajasthan have urged the state government to introduce a mineral tax of Rs 700 per tonne on raw mineral exports.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This move aims to address concerns over unchecked exports of feldspar and quartz without value addition, which has negatively impacted the industry and resulted in job losses.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Surendra Singh Rajpurohit, coordinator of the Rajasthan Minor Mineral Association, emphasised the need for such a tax, citing a Supreme Court judgment as a reference.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;He stated, We have submitted proposals for the state's financial policy, focusing on investment promotion and revenue enhancement under the Rajasthan First initiative.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;At present, Rajasthan mines and exports various major and minor minerals, including those classified as critical for national security, aviation, and medical sectors.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The Union governments Critical Minerals Policy advocates for a Zero Waste Mining strategy, ensuring that all essential minerals are recovered using advanced technology.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;As of February 20, minerals such as feldspar, quartz, mica, and baryte have been reclassified as major minerals to encourage scientific mining practices.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;A mine owner highlighted the difficulties faced by small-scale miners, stating, Expensive segregation plants are unaffordable, leading to the continued export of unprocessed minerals.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Annually, Rajasthan exports lakhs of tonnes of raw minerals, generating minimal revenue beyond basic royalty, causing severe financial distress to feldspar-based MSMEs. The unchecked extraction also results in significant environmental damage, which current royalty rates fail to mitigate.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;To curb raw mineral exports, stakeholders have proposed toll checkpoints on inter-state roads and stringent penalties for tax evasion.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;A senior official assured that the proposal is under review, aligning with Rajasthans mining policy, which aims to boost the sectors GDP contribution from 3.4 per cent to 5 per cent by FY30, and up to 8 per cent by FY47.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>41498</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/rajasthan-mining-stakeholders-demand-mineral-tax-to-curb-raw-exports</link>
    <pubDate>2025-03-24 14:09:28</pubDate>
    <source>knnindia.co.in</source>
    <title>Rajasthan Mining Stakeholders Demand Mineral Tax to Curb Raw Exports</title>
</root>
