Cement Energy and Environment

39 per cent and 35 per cent respectively, the tax incidence in India currently stands at 43 per cent for iron ore and about 48 per cent for coa l. This could go up to as high as 60 per cent for coal and 55 per cent for iron ore if the profit sharing mechanism is implemented, estimates FICCI. Industry Burden The total burden on the in– dustry would be around Rs 15,000 crore, said Mr P.K. Mukherjee, Managing Director, Sesa Goa, and Co-Chairman, FICCI Mining Committee. Of this, the coal sector may incur a burden of around Rs 3,000 crore, while the other mineral sectors would account for the rest. Stating that such an addi– tional burden would be detrimental for the growth of the sector, Mr Mukherjee said "the industry would try to pass on the burden to consumers" . Uniform Policy Mr Tuhin Mukherjee, Managing Director, Essel Mining Industries and Chairman, FICCI Mining Committee, suggested that there should be a uniform policy for both coal and non-coal minerals. The coal sector should also have a royalty-based mechanism and not the one based on profits as has been proposed by the Government. Courtesy: The Hindu Business Line, New Delhi, July 28, 2011 MINING SHINING BRIGHT IN v•• 11.01\T The mineral sector has shown its potential to emerge as one of the largest sectors in Gujarat, provided new technology and fresh capital is deployed to lead the state mining industry to yet another level of excellence in coming decades Gujarat is a mineral rich state, both in terms of reserves and production; ranks 6th in lnltia • There are 33 major and 17 minor mineral deposits found in Gujarat • It is a leading producer of Limestone, Lignite, Bauxite, Dolomite, Fireclay, Bentonite and Fluorite • It is the only producer of minerals such as Perlite and Chalk in the Country • It is the highest producer of Bentonite, Sili ca Sand and Fluorite in the country and the second highest producer of Bauxite, Lignite, Fireclay and Clay • The State accounts for 13% of the total number of operating min~s in India • There are over 1200 mining leases and around 5400 quarry leases in Gujarat • Major mineral producing districts in the state are Kutch , Junagadh, Jamnagar, Porbandar, Bhavnagar, Rajkot, Amreli , Banaskantha and Sabarkantha • With 61 .04 lakh MT of good grade clay found here, 70% of India's Ceramic manufacturing is centered in Gujarat • The key minerals found in Gujarat include; Limestone, Lignite, Ba~:~>xite , Si lica I glass sand, Laterite, Chalk, Dolomite, Quartz, Fireclay, Fluorspar, Perlite, A9late, Ochre, Manganese • Gujarat minerals that have acted as catalyst for following Industries; Fluorspar based refining unit at Kadipani, Vadodara • Bauxite calcination plant at Kutch • Bauxite based abrasives, refractories and calcination units at Jamnagar, Porbander • Bentonite based organoclay units at Kutch • China clay related micronisation units at Bhuj , Mehsana and Waghodia • Marble & Granite cutting and polishing units at Banaskantha • Over 100 China clay, Chalk, Fireclay Lavigation units at 34