Orissa doesn’t cancel mine leases but levies Rs 58,000 crore of fines

As a fallout of the MB Shah Commission report on illegal iron ore mining in Orissa, the state government has levied a fine on 27 mining firms, including for captive mines held by state-owned Steel Authority of India and the private sector Tata Steel, totalling around R57,904 crore. According to the state government, these companies had mined in excess of the quantity permitted under various statutory clearances during 2001-10 and, therefore, need to pay the price of the excess ore mined.

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