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Friday, September 20
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Goa mining scam worth Rs 34,935 crore: Shah Commission


mangaloretoday/ ITV

Panaji, Sept 7: The Justice M.B. Shah Commission report, which was tabled in parliament Friday, says that Goa’s iron ore mining scam is worth nearly Rs.35,000 crore.

The voluminous report holds the state government and central government agencies as parties to the scam, along with the powerful mining operators here, who according to Justice Shah, plundered natural resource and facilitated an "unrestricted, unchecked and unregulated export of iron ore to China", which made the exporters of ore "richer and richer".

 

Goa mining scam

 

Shah’s report indicts former chief minister Digambar Kamat, who was minister for mines for over a decade from 2000 to 2012.

"By taking the average export cost at $60 per metric tonne of iron ore from 2006 to 2011 with a conversion rate of Rs.47 per US dollar, the total loss to the state comes out as (127257400.00 x 60 x 47) Rs.34935,928800000," Shah has said, pinning down the majority of the scam in the five years, when an energy-hungry China aggressively imported ore from Goa.

The former judge has now said that the mining firms which have been allowed to illegally extract and export ore should be fined "exemplary" for the financial loss, loss to the environment, ecology, and punished for the wrongdoing.

Shah in his report, has also indicted the Indian Bureau of Mines (IBM), the union ministry for environment and forests (MoEF), state directorate of mines, the state forest department as well as the Goa State Pollution Control Board (GSPCB) for the illegal mining, which the report says was spread across over 500 hectares of area, several hundred acres of which was forest as well as government-owned land.

"Large scale mining, overexploitation of minerals would result in changes in the natural eco-system of the area. This will affect the tourism industry of the state. The impact of mining including illegal mining has already been felt.


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