Rajasthan govt auctions eight sandstone plots for Rs. 46.61 crore.

The Rajasthan government has claimed to have auctioned eight plots of masonry sandstone for Rs. 46.61 crore against the reserve price of Rs. 19 lakhs.

“Eight masonry stone plots in Bagheri Khurd, Bagheri Kalan and Kishangarhbas in Alwar district were auctioned at Rs. 46.61 crore against the reserve price of Rs. 19 lakh,” Mines director Sandesh Nayak said.

Additional chief secretary (mines) Dr Subodh Agarwal said that a total of 61 plots were successfully auctioned on the e-portal of the Government of India between March 14 and 17 and against the reserve price of Rs. 2.04 crore, Rs. 148.30 crore has been received in the premium auction.

This auction includes five plots of quartz and feldspar in Kotputli Paota, and two plots of masonry stone in Chomu Hathnoda too at a high premium rate compared to the reserve price.

The additional chief secretary said that the auction of mineral blocks in the state has picked up the pace due to Chief Minister Ashok Gehlot’s stress on exploration and promoting legal mining.

The senior official said that the auction on premium rates of minor mineral blocks by the mines department is a big achievement. He said that the state government will get Rs. 59.32 crore as the first installment in this financial year itself with the auction of these 62 plots.

The mines director said that the auction of 62 plots of minor minerals granite, quartz, feldspar, marble and masonry stones in Jaipur, Rajsamand, Alwar, Bharatpur, Ajmer, Barmer, Udaipur and Dungarpur was done on the e-portal of the Government of India and against the reserve price of Rs. 2.04 crore, the auction was done on a premium of Rs. 148.30 crore.

The bidders will deposit 40% of the amount that Rs. 59.32 crore in the treasury in this financial year, that is by March 30, 2023.

BS