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Lok Sabha
Some of the coal producing states have been writing to the Central Government for enhancing the rate of royalty on coal. Royalty rates on coal were last revised on August 18, 2002 following the recommendation of a Study Group constituted for this purpose. As per Section 9(3) of the Mines & Minerals (Development & Regulation) Act 1957, upward review of royalty on coal shall not be done more than once during any period of three years. Therefore, the next upward revision of royalty on coal can be made at any time after August 15, 2005 only. There is no corresponding maximum period after which the royalty has to be revised upwards. Hence, the question of loss incurred by the respective State Governments does not arise.
This information was given by the Minister of State for Coal and Mines, Dr. Dasari Narayana Rao in a written reply in the Lok Sabha today.
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