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Ports | September 30, 2013
#39254

Ban on iron ore export dents Goa port revenue

The ban on export of iron ore has hit the revenue of a minor port owned by Goa government. The ban was imposed a year ago. The port authorities' said that their proposals for alternate cargo are also not fetching the projected results.    The port is located across the Goa's capital city Panaji. This year, the predictions were to collect Rs 25 crore expecting that the mining activity would resume. But the predictions are falling flat as the case of resumption of mining is still being heard in the Supreme Court.

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