c



 is one of the major industries of the state.

The history of




goes back to the ancient days. The gold found in the
Harappan sites are believed to have been excavated from the mines of Karnataka.
Karnataka still continues to be equally rich in its mineral wealth. Gold along with
iron-ore are the main mineral wealths of Karnataka. Chitradurga, Bellary, Belgaum
and Bagalkot are some of the districts in which



 have
continued to be major industries.

Iron ore lies at the very center of 




 industry. Balidala,
Donimalai and Panna are some of the leading iron-ore producing areas of
Karnataka. Gold and diamond mines are chief attractions of 



The Hutii gold mines have supplied gold to the world from very ancient times.
Now with many international companies taking a keen interest in



 the future of



 looks extremely bright.

Various private companies look after the

operations in Karnataka. They

undertake

 operations at the major

 sites of Karnataka. They also
look after the extraction, processing and distribution of these metals. They work
under the direct supervision of the ministry of

industry, who oversee all the
works of the private companies.

Recently the problem of child labor has plagued the

 industry in Karnataka.
However, under the close vigilance of the government, the industry has again
picked up as the various private companies take special care not to violate any
human rights as a part of their operations.

 



 


2010-06-30 22:00:00
c

 

 c
ÿ
 
-
  
  
  

  
Chief Minister B.S. Yeddyurappa said Wednesday there has been largescale illegal
mining in Karnataka in the last 10 years and in 2007-08 alone, 4.7 million tonnes
of iron ore was exported from the state without a license.

The chief minister's startling revelation of the extent of illegal mining came in
response to a ruckus in the assembly for the second successive day Wednesday
over the opposition's demand for an adjournment motion on the resignation of Lok
Ayukta (ombudsman) N. Santosh Hegde.

Pleading with the opposition Congress and Janata Dal-Secular parties not to insist
on an adjournement motion, Yeddyurappa said his government was ready for a
probe into illegal mining in the state.

'Let there be a comprehensive enquiry. Those who indulge in illegal mining should
be punished. We will not side with anybody,' he asserted as opposition parties
upped the ante in the house, demanding his resignation.

Yeddyurappa said the government will soon file a detailed affidavit in the
Karnataka High Court, where a public suit has been filed, seeking a thorough probe
into illegal mining in the state.

Santosh Hegde, a retired Surpeme Court judge, quit June 23 saying that 500,000
tonnes of about 800,000 tonnes of illegally mined iron ore stored at Belekeri port
and seized by the authorities had been exported.

He had said the scam could involve up to 5 million tonnes of illegally mined ore
being exported from the port. In terms of money, it would be around Rs.2,500
crore (Rs.25 billion), he said.

Yeddyurappa's plea and readiness for a thorough probe into illegal mining did not
satisfy Congress and JD-S members who stalled proceedings in the assembly by
trooping near the speaker's podium and raising slogans.

Speaker K.G. Bopaiah has agreed to allow a discussion on Hegde's resignation but
rejected permitting moving an adjournment motion.

With his repeated pleas going unheeded, he adjourned the house for the day.




 









Bangalore, Dec 27: Karnataka Chief Minister, BS Yeddyurappa's woes never seem
to subside. After the verbal lash of the Karnataka Governor, now its the Income
Tax officials that seem to be giving the Chief Minister sleepless nights.

Buzz up!
The IT officials have found irregularities and evasions to the tune of Rs 86 crore by
the Obulapuram Mining Company (OMC) run by the Reddy brothers along with
the State health minister B Sriramulu.

Already facing the music for Yeddyurappa's land scams, the news will bring the
BJP major embarrassment especially in the wake of the BJP in the Center calling
for an Anti-Corruption Rally against the UPA government. The CBI is investigating
illegal mining transactions of the Reddy brothers in Andhra Pradesh, were a chunk
of the mines exist.

According to internal reports of the IT department, the OMC evaded the govt of
Rs 86,42,88,802 during the period 2007-08. Documents available with the 2


reveal that the OMC was engaged in an MoU with Singapore-based GLA
Trading

International to camouflage the company's income quelling.

GLATI , a one-dollar company is under the ownership of Janardhana Reddy's wife

Gali Laxmi Aruna. With offices in Singapore, Dubai and the British Virgin Islands,
which is a virtual 'tax haven' for defaulters.

"OMC's transactions through the MoU with GLATI are convoluted and devised to
evade tax payment in India," an assessing IT officer says in the report.
 þ
 ´´´´´´´´´´

The dubious transactions were revealed in a study of the shipping bills of other
iron ore exporting companies. The report also exposed the fact that the OMC
came into an agreement with GLATI to evade tax payment in India.