Mining crisis revealed: CAG report exposes Jharkhand's declining revenue from minor minerals; Highlights irregularities in lease allocations and enforcement
A recent report from the Comptroller and Auditor General (CAG) highlights a dramatic decline in Jharkhand's minor mineral revenue, which fell from Rs 1,982 crore to merely Rs 697 crore from 2017 to 2022. The findings suggest rampant irregularities in lease allocations leading to significant revenue losses, uncollected penalties, and sluggish auction processes.