City
Epaper

J-K to launch first-ever limestone block auction on November 24: Mines Ministry

By ANI | Updated: November 23, 2025 19:55 IST

New Delhi [India], November 23 : The first-ever auction of limestone mineral blocks in the Union Territory of Jammu ...

Open in App

New Delhi [India], November 23 : The first-ever auction of limestone mineral blocks in the Union Territory of Jammu & Kashmir will be formally launched in Jammu on November 24, 2025, according to the Ministry of Mines.

The Ministry, in a press release, said on Sunday that the event will be led by G Kishan Reddy, Union Minister of Coal & Mines, and will be graced by the Chief Minister and Deputy Chief Minister of Jammu & Kashmir, reflecting strong Centre-State partnership and the strategic importance of this initiative for the region.

This milestone marks a significant step in advancing the mining reforms introduced under the Mines and Minerals (Development and Regulation) Act (MMDR Act) in 2015, the release added.

It is also the first mining block auction taking place in the Union Territory since these reforms, signalling a shift toward transparency, competitiveness, and sustainable development in the mineral sector, the ministry stated.

A total of seven limestone blocks, covering approximately 314 hectares, have been identified across the districts of Anantnag, Rajouri, and Poonch. Categorised under UNFC G3 and G4 exploration stages, these deposits hold considerable potential for high-quality limestone critical to cement manufacturing, construction, and other industrial applications.

The auction will be conducted under subsections (4) and (5) of Section 11 of the MMDR Act, enabling the Central Government to facilitate the process in cases where State or Union Territory administrations face procedural limitations. This approach reflects the principles of cooperative federalism, ensuring timely implementation and reform execution.

The Ministry of Mines is committed to carrying out a transparent, technology-enabled and competitive auction process, with a strong focus on sustainable mining aligned with national environmental guidelines, the release added.

This initiative is expected to pave the way for job creation, revenue growth, industrial expansion, and new economic opportunities for local communities advancing Jammu & Kashmir's development trajectory and contributing to the national vision of Viksit Bharat 2047, the ministry further added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalSix, including child, pastor killed in Mississippi shooting

InternationalGOLDFEST 2026 Begins in Ahmedabad marking 50 Years of Indo-Japan Friendship

EntertainmentKamal Haasan hails Sivakarthikeyan's 'Parasakthi,' says film is "victorious tilak etched into history of DMK"

Cricket"There's always outside noise, it doesn't affect me": Dewald Brevis ahead of Men's T20 World Cup

HockeySG Pipers claim Women's HIL Trophy in thrilling shootout

Business Realted Stories

BusinessPre-budget meeting positive and constructive: States’ Representatives

BusinessFinance Minister chairs Pre-Budget Consultation meeting with States, Union Territories

BusinessPunjab serves platform in defence manufacturing sector, says Minister Arora

BusinessStates must play bigger role in India’s tech self-reliance, Viksit Bharat goals: NITI Aayog Vice Chairman

BusinessCCPA cracks down on restaurants for illegal service charges, takes action against 27 establishments