By Our Correspondent
BHUBANESWAR: The State Cabinet on Thursday decided to bring Limestone into the purview of Long-Term Linkage (LTL) policy and sell Limestone to the industries through OMC.
Chief Secretary Suresh Mahapatra said the Government has formulated the Long-Term Linkage (LTL) policy ensuring the supply of minerals to State based end user Industries.
Considering the proposal of IDCOL, it is now decided to bring Limestone into the purview of LTL Policy and sell Limestone to the industries under the said policy through OMC Ltd, he said.
Mahapatra said this policy is formulated encompassing all the aspects concerning sell of Limestone from Ampavalli Limestone Mines of IDCOL/OMC Ltd and in future any Limestone Mine reserved/ allocated in favour of OMC Ltd for long term linkage for the State based industries for sustained supply of Limestone.
This decision of the Cabinet will ensure steady supply of Limestone through LTL to State based end-user industries that will assure uninterrupted production of these industries and enhance employment opportunities, he added.This will also increase Limestone production and utilisation which would strengthen the State economy. OMC Ltd., being a State PSU will also add revenue to State exchequer.
