December 03, 2008

Left wings calls for iron ore mines for RINL

According to the CPI (M), the new mining policy spelt out by union government, with emphasis on exports, is dangerous and the domestic industries such as Rashtriya Ispat Nigam Limited will suffer as a result.

Mr Ch Narasinga Rao district secretary of the CPI (M) said that it is regrettable that the union government did not deem it fit to allocate captive iron ore mines to the steel plant. Mr Rao said that the government should give priority to the domestic industry first and the demand for captive mines to the Visakhapatnam steel plant could no longer be ignored.

He added that "At the rate iron ore is being exported t o other countries, experts are warning that the domestic industry will suffer in future and after 30 to 40 years India may have to import ore. Still, the union government does not seem to bother."