Minister for Mines and Geology P. Mahender Reddy has directed the officials concerned to speed up the auction of mining blocks.
Dr. Mahender Reddy, who was recently inducted into the State Cabinet, held a meeting on Friday to review the status of mining blocks for which environmental clearances were obtained. Officials informed the Minister that the department has recorded a revenue of ₹3,884 crore during the current year as against the target of ₹2,267 crore set for the fiscal.
Expressing happiness over the development, he wanted the officials concerned to work effectively in further surpassing the targets set for the department. The State government was contemplating on improving the policy that was being implemented for leasing mines, including the smaller ones.