Chandigarh: The Punjab government on Thursday collected revenues of Rs 14.91 crore from mining auction, which is 67 percent more than the reserve price of Rs 8.91crore.
The state government conducted auction of mines in Jalandhar, Ajitgarh, Kapurthala and Hoshiarpur.
With this mining auction, the state government will earn total revenue of Rs 44 crore from auction of 21 mines in the state, Punjab Industry Minister Anil Joshi said here.
However, he said despite auction at a higher rate, prices of sand would not go up, adding that directions had been issued to monitor mining operations in a strict manner.
He said the mines of Jalandhar district generated maximum revenue of Rs 6.50 crore, followed by Hoshiarpur at Rs 3.71 crore.
Besides, the mines of Ajitgarh district were auctioned at Rs 2.78 crore whereas mines of Kapurthala were auctioned at Rs 1.92 crore for state treasury.
The Minister said as many 869 cases against illegal mining have also been registered in last eight months.


Latest News from Punjab News Desk