Chief Minister Ashok Gehlot has approved the draft notification to provide cheaper diesel with a view of providing relief to the mining sector businesses.
Karnataka is the ultimate loser.
Central GPS, mining investors’ meet, PPP model for exploration on anvil
Captive mines are those that produce coal or mineral for exclusive use by the company that owns the mines, while non-captive ones those that produce as well as sell the fuel.
Mining sector grew at a CAGR of 7.3 per cent in the last decade compared to 22 per cent in China in the same period.