Goa Secures Rs 252.83 Cr from Iron Ore Auctions: CM Sawant Announces Economic Boost

• Goa received Rs 252.83 crore in upfront payments from the auction of 12 iron ore blocks, announced CM Pramod Sawant.
• Five of the auctioned blocks at Bicholim, Shirgao-Mayem, Sirigao, Advalpal-Thivim and Kudnem-Corlim are now operational.
• The state budget allocates Rs 26 crore for the mines department and Rs 4 crore for a scheme aiding mining-affected truck owners.
• CM Sawant announced plans for a fourth Notice Inviting Tender for more blocks and a second phase e-auction for mining dumps.
• Goa Mineral Ore Exporters’ Association welcomed the budget but suggested improvements in mining route infrastructure and carbon reduction incentives.