Home > Uncategorized > ANDHRA PRADESH IRON MINING MAFIA

ANDHRA PRADESH IRON MINING MAFIA

The contractors have to pay Rs.40 for each tractor which carries 3 cubic meters of sand. But, many of them evade seignarage and sell it in the market for Rs.800-1000 depending upon the distance. As many as 20 loads of sand is being transported by each tractor, indicating that it would run into crores within no time. Apart from Srikakulam, illegal mining is being taken place in Narasannapeta and Salihundam. The mafia is reportedly objecting the auction of sand ramps in new places so that it can export sand without paying anything to the government. The government could collect only Rs.6 crore in the previous auction of 14 sand ramps in the district. “We are frequently imposing fines up to Rs.5,000 as a penalty for illegal transport but it is not possible to control completely unless other departments co-operate with us,” said a senior official of the Mines and Geology.

Janardhan Reddy told the state assembly last year, ‘People say I am worth Rs 100 crore (Rs 1 billion). I want to correct them. I am worth Rs 1,000 crore (Rs 10 billion).’

The rise of the Reddy brothers has been phenomenal. They are reported to earn a staggering Rs 12 crore (Rs 120 million) to Rs 17 crore (Rs 170 million) every day through mining.    READ FULL ARTICLE

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