The State Cabinet meet chaired by Chief Minister Shivraj Singh Chouhan here on Tuesday endorsed revision of royalty on minor minerals and dead rent. Earlier, the revision was made on March 3, 2010.
This revision has been made in view of market rates of minor minerals and public interest. The committee constituted to recommend revision studied royalty on minor minerals in other states, inflation, increase in transportation cost of minor mineral due to increase in market rates so far, royalty calculation etc. In view of proposed increase in royalty rates, the committee also proposed to revise dead rent. This was endorsed by the Cabinet on Tuesday.