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Mines Department Sees Record Revenue Collection Growth

Indian Community Editorial TeamBy Indian Community Editorial TeamJanuary 24, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Mines Department Sees Record Revenue Collection Growth
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The Mines Department has reported a significant increase in revenue collection this financial year, amounting to Rs 7,451.63 crore as of January 21. This marks a notable rise of Rs 627 crore compared to the same period last year, representing a 9% growth rate. To further boost revenue in the remaining months, the department has devised a comprehensive strategy focusing on maximizing collection from all potential sources and enhancing monitoring mechanisms.

Principal Secretary of Mines, T. Ravikant, recently conducted a detailed review of the revenue collection strategy in a meeting with senior departmental officials, including Director Mines, Mahaveer Prasad Meena. Emphasizing the importance of revenue recovery, Ravikant instructed officials to diligently implement departmental responsibilities. He particularly highlighted the need for prompt action on cases of illegal mining and strict monitoring of royalty collection under RCC and ERCC contracts.

In addition, officials were directed to expedite revenue recovery by coordinating closely with offices experiencing lagging collections, ensuring the retrieval of old arrears, and achieving full recovery of current dues. Despite the positive performance, the Principal Secretary stressed the necessity of sustained and intensified efforts to optimize revenue realization from all available sources.

Director Mines, Mahaveer Prasad Meena, noted that in the previous financial year 2024–25, revenue collection stood at Rs 6,824.54 crore by January 21. In the ongoing financial year 2025–26, the revenue collection has already reached Rs 7,451.63 crore for the same period, with expectations of further acceleration in the coming months. The recent meeting also saw the participation of various officials from different departments, underlining the collaborative effort towards revenue enhancement.

Arrears Auction Finance Officer Financial Year Illegal Mining Joint Secretary Mines Mahaveer Prasad Meena Mines Department Mining Engineers Monitoring Mechanism Revenue Collection Royalty Collection Superintending Geologist T. Ravikant
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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