Indian Government Should Optimise Mining Industry – VV Mineral

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Indian Government Should Optimise Mining Industry
VV Mineral
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Viapar is a coastal village in Tamil Nadu's
Tuticorin district where mineral mining on
beaches is practised with government permission.
On August 6, District Collector Ashish Kumar had
raided the premises of VV Minerals, but it turned
out that he had connections with its rivals. As
soon as the rumours were confirmed, Mr Kumar was
taken off the case and transferred.
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VV Minerals claimed that the "charges made by the
former District Collector are baseless, motivated
and vague."
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A letter written by the first District Collector
of unbroken Tirunelveli, V Sundaram, to the Chief
Secretary of the state in January 2013 accuses VV
Minerals of illegal mining worth over Rs. 96,000
crores. A Right to Information (RTI) response
shows that VV Minerals enjoyed 100 per cent
monopoly in Ilmenite mining and also had a giant
share for exploiting Garnet - both being export
favourites.
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"Sundaram is passing this as a cruel joke. He is
on the payroll of our business rival... Our hands
are clear. We will come out clear from these
allegations. Our records are straight," said
Ravindram Duraiswami, advocate for VV Minerals.
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VV Mineral Vaikundarajan, the owner and director
of VV Minerals, said in an interview, We are the
number one exporters of Ilmenite and Garnet due
to our fair practices and we take pride in it.
For the concerns of Indias depleting mineral
wealth, the government should actively plan on
optimising mineral production and export. India
owns 30 of the world share of rare minerals and
has the scope of being the number exporter of
these minerals. Business and environmental
problems arise due to improper organization of
such a vast and profitable industry.
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