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Monday, February 21, 2011

Orissa tops states in value of mineral output

Monday, 21 Feb 2011

Boom in mineral prices and accelerated exploitation of resources in recent years have put Orissa at the top of the mineral bearing states in terms of value of output of minerals.

2009-10
Total INR 15,317 crore
1. Orissa - 13.10%
2. Madhya Pradesh - 7.70%
3. Andhra Pradesh - 7.21%
4. Maharashtra - 4.92%
5. Gujarat - 4.65%
6. Karnataka - 3.96%
7. Tamil Nadu - 3.21%
8. Rajasthan - 2.99%
9. Assam - 2.96%
10. West Bengal - 2.78%

According to the Economic Survey report (2010-11), the value of minerals extracted in Orissa has gone up by more than four times from INR 3694 crore to INR 15,317 crore between 2002-03 and 2009-10 coinciding with the boom in the mineral market during this period.

Orissa boasts of 95% of country's chromite deposit, 92% of nickel ore, 55% of bauxite and 33% of iron ore. Besides, the state has substantial quantity of other minerals and ores like coal, manganese, dolomite, graphite and limestone.

(Sourced from Business Standard)

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