Rajasthan: Mines Department Achieves 23.35% Growth with Record Revenue of Rs 9202.50 Crore
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Synopsis
The Mines Department of Rajasthan has made history by generating a record revenue of Rs 9202.50 crore in FY 2024-25, marking a 23.35% growth compared to the previous year, driven by enhanced operational efficiency and transparency.
Key Takeaways
- Record revenue of Rs 9202.50 crore achieved.
- Growth rate of 23.35% compared to last year.
- Successful auction of numerous mineral blocks.
- New mineral policies introduced.
- Significant contributions from various SME circles.
Jaipur, April 1 (NationPress) The Mines Department of Rajasthan has reached a significant achievement by generating a remarkable revenue of Rs 9202.50 crore during the financial year 2024-25, reflecting a 23.35 percent increase compared to the last year, an official stated on Tuesday.
Principal Secretary Mines and Geology, T. Ravikant, noted that preliminary data indicates the department accrued Rs 1742.02 crore more than the previous financial year, marking it as the highest revenue collection ever recorded for the department.
He credited this success to improved operational efficiency, greater transparency, and collective efforts focused on maximizing revenue collection.
According to him, the financial year 2024-25 has shown extraordinary advancements in several mining aspects, such as the auctioning of a record number of major and minor mineral blocks and plots, the launch of a new mineral policy and M-Send policy, and significant investment agreements made during the ‘Rising Rajasthan’ summit.
“Rajasthan has also positioned itself as a front-runner in the nation for auctioning mineral blocks and achieving revenue growth,” he remarked.
The Principal Secretary further added that consistent monitoring, effective strategies to curb revenue loss, and the unwavering dedication of officials and personnel have played crucial roles in this success.
Simultaneously, Director of Mines, Deepak Tanwar, emphasized the accomplishments of various SME circles throughout the state.
“SME Jaipur Circle topped the revenue collection against its targets, whereas SME Bhilwara Circle achieved the highest revenue in actual amounts, totaling Rs 2257.74 crore,” he reported.
Deepak Tanwar also mentioned other significant contributions: Rs 1140.69 crore from SME Jaipur Circle, Rs 751.51 crore from SME Ajmer Circle, Rs 1132.94 crore from SME Udaipur Circle, Rs 1368.59 crore from SME Rajsamand Circle, Rs 1343.28 crore from SME Jodhpur Circle, Rs 500.25 crore from SME Bikaner Circle, Rs 288.01 crore from SME Kota Circle, and Rs 419.50 crore from SME Bharatpur Circle.
Director Deepak Tanwar affirmed that the state is steadily advancing towards new heights in mining.
SME Jaipur, N.S. Shaktiwat pointed out that SME Jaipur, under the guidance of Shyam Kapri, collected Rs 180.09 crore in the last fiscal year, up from Rs 110.98 crore in 2023-24.
“Numerous other districts have also experienced impressive revenue increases, with Jhunjhunu, Alwar, Sikar, Tonk, Kotputli, Neem Ka Thana, and Dausa showcasing significant rises in their collections compared to the prior year,” he added.
