Worlds largest iron ore mine discovered, $6 trillion find could make Australia unstoppable The Economic Times

Reddy’s name first surfaced in the case when the CBI filed its initial charge sheet in December 2011, followed by three supplementary chargesheets over the years. The mining scandal, which rocked both Andhra Pradesh and Karnataka, was seen as symbolic of the unchecked rise of politically connected businessmen in India’s resource sectors. After submitting the questions, Patel approached Singh and asked him to pay ₹10 crore bribe to drop them. Later, the bribe was finalised for ₹2 crore after a negotiation, and this was decided to be paid in some instalments.

• A 100% implementation of the Mine Surveillance System has been achieved in all mining districts, leading to significant improvements in the average timeline for environmental clearances and enhancing the overall transparency of regulatory procedures.
• He directed that only GPS-enabled vehicles meeting the required standards should be authorised for mineral transportation and that their movement must be tracked in real-time through the VTS module.
• This discovery will boost Australia’s position in the global iron ore market.
• While applying for Udyog Aadhar, the applicant must provide the NIC code of the business and Aadhar of the promoter.

SECTION M – PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES

He also directed that the process of issuing new leases for minor minerals be completed during the monsoon season, enabling mining activities to commence from October 15. In a major setback to mining baron and former Karnataka minister Gali Janardhan Reddy, a special CBI court in Hyderabad on Tuesday sentenced him to seven years in prison for his role in the infamous Obulapuram Mining Company (OMC) illegal mining scam. The court also imposed a fine of ₹10,000 on Reddy and three co-accused, while the company was fined ₹1 lakh. Officials say the government’s latest initiative reflects a renewed commitment to protecting the Aravallis, considered one of the last remaining natural barriers against desertification and environmental degradation in southern Haryana.

The court found Reddy and others guilty of manipulating mining lease boundaries and conducting illegal mining operations in the Bellary Reserve Forest area on the Karnataka-Andhra Pradesh border between 2007 and 2009. According to the prosecution, the illegal activity caused a staggering ₹884 crore loss to the public exchequer. Despite repeated crackdowns, illegal quarrying remains a major concern across the Aravallis, threatening not only the fragile ecosystem but also groundwater reserves and forest cover. Environmentalists have long flagged the region as a hotspot for organised mining mafia, whose operations stretch across state borders.

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Division 59 – Motion picture, video and television programme production, sound recording and music publishing activities. NIC code is required for your business to obtain Udyog Aadhar or register a company or LLP in India. With passes of time the king Parma made a fort on this part of region and a king named Ahibaran laid the foundation of a tower called Baran which was translated into passion language as Bulandshahr. BAP now has one member of Parliament and four legislative assembly members.

A new iron ore deposit has been discovered in Australia’s Hamersley region. This discovery will boost Australia’s position in the global iron ore market. According to officials, Patel demanded ₹10 crore from the complainant to drop three questions regarding mining in Todabhim constituency in Karauli district, which were listed in the last assembly session. Nuh deputy commissioner Vishram Kumar Meena said the new mining unit is a long-overdue step that will finally equip the district with resources to curb large-scale violations. “Illegal mining in the Aravallis has been a persistent challenge for years due to the shortage of manpower.

The coming weeks are expected to see heightened enforcement action as authorities push to dismantle illegal mining networks and restore the ecological balance in the region. NIC code or National Industrial Classification is a classification system used to track activities undertaken by a business. NIC code is used by the majority of the Government Departments in India to classify businesses. This code has been developed with an intent to ascertain and analyse as to how each economic activity is contributing towards national wealth.

The National Industrial Classification 2008 (NIC-2008) is an update to the NIC-2004. CBI Public Prosecutor Inderjeet Santoshi and Assistant Public Prosecutor Vishnu Majji represented the investigating agency, which argued that the case was not just about mining violations but a calculated abuse of power and public trust. In contrast, the court acquitted former Andhra minister Sabitha Indra Reddy and retired bureaucrat B Krupanandam, citing lack of evidence. Senior IAS officer Y Srilakshmi, initially named in the case, had earlier been discharged by the Telangana High Court in 2022. Reddy, once a powerful figure in Karnataka’s political and mining circles, was taken into custody by the CBI immediately after the verdict.

Singh had earlier paid ₹1 lakh by visiting him in Banswara,” said Meharda. Officials reported that 57 technology-enabled check gates have been installed, and 21,477 vehicles have been blacklisted. Systems such as the Vehicle Tracking System (VTS), colour coding, and white tagging are functioning efficiently. He directed that mines game only GPS-enabled vehicles meeting the required standards should be authorised for mineral transportation and that their movement must be tracked in real-time through the VTS module.

According to official records, enforcement agencies in Nuh have registered 31 FIRs related to illegal mining over the past three months, while fines amounting to ₹14.3 lakh have been imposed on violators. Authorities have seized 59 trucks allegedly involved in illegal mining activities, with additional penalties imposed for overloading and illegal storage of mined material. The new mining office, sanctioned by the state government, will have an assistant mining engineer, four additional mining guards and a data entry operator. These officials have been transferred from Gurugram, Rewari, and Bhiwani districts to reinforce the monitoring mechanism in Nuh, which, until now, operated with only three mining guards for the entire district. The National Industrial Classification 2008 seeks to provide a basis for the standardized collection, analysis and dissemination of industry (economic activity) wise economic data for India. Apart from being the standard industrial classification that underpins Indian Industrial Statistics, NIC is widely used by the government agencies, industry associations and researchers for various administrative, analytical and research purposes.

He made it clear that mining activities will not be permitted in river catchment areas and strict accountability will be enforced against responsible officials if violations occur. Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. MCA has recently implemented major changes to the process and made it very simple to incorporate a company. While incorporating a company, the MCA requires the NIC code of the business.

He was listed as Accused No. 2 in the case, which has been under trial for nearly 14 years. The conviction marks a dramatic fall for the former minister, who was known for his influence in the resource-rich Ballari region and close ties to the ruling class during the late 2000s. Prior permission was taken from both the Speaker Vasudev Devnani and chief minister Bhajan Lal Sharma to conduct this mission and arrest the MLA,” said Meharda. The Rajasthan Anti-Corruption Bureau (ACB) on Sunday arrested a legislative assembly member from Bharat Adivasi Party (BAP), Jaikrishn Patel, for allegedly accepting ₹20 Lakh bribe from a mine owner at his official residence, officials said. He noted that the sector has evolved beyond just mineral extraction to become a key driver of economic growth, investment attraction and local employment generation. Chief minister Yogi Adityanath on Sunday emphasised the crucial role of the mining sector in Uttar Pradesh’s journey towards achieving the trillion-dollar economy goal.