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Goa's mining sector fears revenue loss over proposed export duty

18 Sep 2025 14:26 reported by Joy Liu

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The Goa Mineral Ore Exporters Association (GMOEA) has raised concerns about a possible central government policy to extend export duties to low-grade iron ore.

In a representation, the GMOEA warned that such a policy could disrupt mining operations in Goa, where the ore is predominantly of low quality and has limited domestic demand. The association claimed that imposing this duty could cause an annual revenue loss exceeding Rs 800 crore from the three operational mines alone, with losses multiplying as more mines begin production.

The GMOEA argued the policy would offer minimal national benefit while causing significant difficulty to Goa's mining sector, which is in a fragile recovery phase after recently resuming under an auction regime. The group said the policy risks the viability of ongoing and future mining projects.

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