Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Odisha - Section

Section 7 in Gemstone Policy of Orissa, 1998

7. Selection Criterial for Grant of Mining Lease.

- Preference in grant of ML would be given to the parties on the following parameters :
(a)The financial standing of the party including a commitment that it will put in an investment of at least Rs. 100 lakhs within the specified period in the shape of plant and machinery/other processing facilities.
(b)Technical expertise available with the applicants.
(c)Parties who have the experience of dealing with gemstone and processing thereof including lapidary operations.
(d)OMC may be given preference subject to their ability to handle the areas.