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Mineral auction: 5 states give notice for 28 of 70 mines

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9 years ago

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New Delhi: Five states, including Chhattisgarh, Andhra Pradesh and Odisha, have issued notices inviting tenders for 28 of the proposed 70 mines to go under the hammer in the first phase of the auction process for mines like iron ore and limestone, it was announced on Thursday.

“After amendment in the MMDR Act for transparent allotment of mines, the auction process is going forward. Five states have issued notices inviting tenders for 28 blocks. The government is hopeful of auction of 70 mines by states by January in the first phase,” Steel and Mines Minister Narendra Singh Tomar told reporters here on the sidelines of an event of industry chamber CII.

“Very soon, there will be a new National Mineral Exploration Policy, the draft of which has been prepared for seeking suggestions from stakeholders and industry experts,” he said.

He said India lagged far behind developed nations in exploration of minerals, adding that the new exploration policy will attract private players in large numbers.

“There is need for raising the exploration spend from the current 0.4 percent, which is abysmally low,” the minister said.

According to Mines Secretary Balvinder Kumar, the ministry would soon notify rules for atomic minerals under the mining law.

While most states have set up National Mineral Funds, rules for the National Mineral Exploration Trust have been identified and mineral concession rules have been drafted, he said.

Kumar also said the major challenges facing the sector include attracting private sector players, capacity building, procedural delays, lack of data availability and duplication.

Earlier this year, parliament passed the Mines and Minerals (Development and Regulation) Amendment Act, 2015, which stipulates auction as the only means of allocating mining rights.

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Apple is giving a huge discount on its gadgets: Details inside

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3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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