Going forward, these companies will await further details and state actions before pursuing litigation, they added.
The recent SC order mandating the collection of dues retrospectively is expected to deal a further blow to the Indian mining industry. Arrears could exceed ₹1.5-2 trillion, with mines in states like Odisha and Jharkhand being the most affected, according to a spokesperson for the Federation of Indian Mineral Industries. Both industry executives and analysts agree that Odisha will be the key state to watch.
Bu hikaye Business Standard dergisinin August 15, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin August 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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