The record
Written by software from the 1 report below. The points restate them; where one says why it matters, that is Prism's reading, not a reported fact.
- The Odisha Legislative Assembly questioned the government on potential financial losses resulting from the federal Mines and Minerals Development and Regulation Amendment Act of 2026.
- This federal law limits the authority of state governments to levy taxes or cesses on mineral rights without central approval.
- The Minister of Steel and Mines, Bibhuti Bhusan Jena, stated that no quantified assessment of revenue loss has been completed while awaiting official regulations from the Union government.
- Opposition parties have organized protests claiming that the state faces substantial losses in tax revenue due to these changes.
What to watch next
- Official formulation of rules and regulations by the Union government
- Protests by the BJD and INDIA bloc on September 28 and 29
- Legal and operational outcome of the Mines and Minerals Amendment Act
Who said what2
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Bibhuti Bhusan Jena
Steel and Mines Minister
2 quotes · 1 outlet
“No specific estimate of financial gain or loss has been made at this stage regarding the amended provisions”
In the article
…many as 13 questions. Replying to the questions, Steel and Mines Minister Bibhuti Bhusan Jena said the State government has not yet conducted a quantified assessment of the impact of Section 9D on the State’s revenue. “ No specific estimate of financial gain or loss has been made at this stage regarding the amended provisions ,” the Minister said, adding that the State government will assess the financial impact after the Central government formulates the necessary rules and regulations. Opposition parties also stated that Odisha’s Advocate…
“Any such comparison would be made only after the legal and operational implications of the amended provision are fully ascertained”
In the article
…published in the Odisha Review, a government publication, or placed before the Supreme Court were not being treated as departmental assessment for the purpose of quantifying the present financial impact of Section 9D. “ Any such comparison would be made only after the legal and operational implications of the amended provision are fully ascertained ,” he said. Responding to questions raised by several MLAs, including the ruling BJP’s Prakash Soren, Mr. Jena said appropriate measures would be taken in accordance with existing laws and statutory provisions to…
Coverage1
All filed from India
Named India · Odisha · Bharatiya Janata Party · Bibhuti Bhusan Jena · Biju Janata Dal · Dharmendra Pradhan · INDIA bloc · Mohan Majhi · Naveen Patnaik · Odisha Assembly · Prakash Soren · Supreme Court
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