New Delhi: Favouring the fixation of royalty on an Ad valorem basis for the minerals like coal and iron ore, Jharkhand Chief Minister Arjun Munda sought a ban on their export through an amendment to the Mines Mineral Development Regulation (MMDR) Act.

Addressing the National Development Council meeting on Saturday, Munda said, “Jharkhand has been demanding ad valorem based royalty for a long time. If it is not possible, at least 20 percent value-based royalty should be granted so that the required resources can be made available for the state.”

“Generally the Centre allocates the coal blocks to the coal companies. Following which, the mining is started. In the entire process, state governments do not get any compensation for displaced people and land,” the CM lamented.

“The minerals should be extracted as per the national need. The export of minerals should be banned immediately. The Jharkhand Cabinet has already recommended it by passing a proposal,” said the BJP leader.

Demanding special status to Jharkhand, Munda said it is the need of the hour to deal with the backwardness and Naxal issue in the state adding that 78 percent population of the state depends on the agriculture, but the state has mere 19 percent irrigated land.

“Terming water crisis as a big problem, Munda said the state has spent Rs 2000 crore on the Swarnrekha project. Despite, it has not completed. Now its cost jumped to Rs 6500 crore which is unbearable for the state government,” said the CM.