Govt extends OTS scheme for mining dependents by 3 mths





The government has extended by another three months, the One Time Subsidy (OTS) Scheme for the settlement of bank loans of mining dependent people, such as truck, machinery and barge owners.

Director of mining and geology Prasanna Acharya, who has issued a related notification, has stated that this extension is also subject to concurrence from the finance department.

As per the information provided by the Chief Minister Laxmikant Parsekar to the state legislative assembly during its recent monsoon session, as many as 1,390 cases of mining loan borrowers with a total loan liability of Rs 110 crore, had been closed down through the particular scheme.

Parsekar, who also holds the mining and geology portfolio told ‘The Navhind Times’ that the decision to extend the scheme by three months has been taken since there still remain some mining dependents, who had applied under the scheme, and are yet to get their applications cleared. “The government expects the last lot of such applications to be cleared within the next three months,” he added.

However, some truck owners said that the extension notice will not make any difference as most of the amount has been settled. It is learnt that South Goa Truck Owners Association is distributing forms to its members who have not submitted their papers for the loan scheme and are hoping that EDC will purchase their loans.

In another development, eight e-auctions for a total of 1.20 million tonnes of iron ore is scheduled on September 8, says directorate of Mines and Geology (DMG) website.

In accordance with DMG analysis, the highest grade of Fe 64.63 lumps amounting to 9,038 tonnes is in Codli mines, and the lowest Fe 45.84 fines amounting to 1700 tonnes lies in Sonus-Onavalim.

The DMG further says that it will not entertain any complaint with regards to exact grade of ore as the e-auction is on as and where basis and opportunity is given to the bidders to draw samples before the start of e-auctioning.

Meanwhile, the directorate of Mines and Geology has advertised 25 posts from Grade I officers to peons. It may be recalled that the directorate was facing acute shortage of staff.

The posts advertised includes one senior geologist, two senior technical assistants, one statistical officer, two assistant geologists, one surveying officer, one research assistant, two technical assistants, one draftsman Grade-I, three field surveyors, one junior stenographer, four upper division clerks, two lower division clerks and four peons.

The posts have been approved by the administrative reforms department, with the concurrence of the finance department.