Archive · 23 May 2025
Mining Royalty Contract in Rajasthan Fails to Attract Bidders
Imagine the government has a contract to collect money from people who mine rocks.
This contract ended, and they put it up for bidding, but no one wants it!
They tried four times, even lowering the price, but still no takers.
Because they don't have a company collecting the money, the government is collecting it themselves, but they don't have enough people to do it.
This means the government is getting less money than before.
In the past, a company collected money for the big rocks, and some other small rocks.
This time, they wanted to add more types of rocks, but it didn't help attract bidders.
The royalty collection contract for masonry stone in Neem Ka Thana and Patan has failed to attract bidders.
Four rounds of tendering have taken place since the contract expired on March 31.
The latest bid attempt on May 15 also failed, even after reducing the reserve amount.
April's revenue dropped by 25% due to the absence of a contractor and staff shortages.
The department deployed its personnel to collect royalty to maintain revenue flow.
- Who
- The Mines Department.
- What
- The royalty collection contract for masonry stone in Neem Ka Thana and Patan mining belts is facing issues attracting bidders.
- When
- The royalty collection contract expired on March 31, and as of May 15, no bidders have been found.
- Where
- Neem Ka Thana and Patan mining belts.
- Why
- No bidders were found for the royalty contract, leading to a shortfall in revenue collection.
Stakeholders
Potential Contractors
Royalty Contract
Stakeholders
No bidders are currently interested in taking over the royalty collection contract
Potential Contractors
The government's mines department tried several times to find a contractor to collect royalty for masonry stone and other minerals, but was unsuccessful.
- Latest Reserve Price
- Rs 103 crore
- Initial Reserve Price
- Rs 125.9 crore
- April's Revenue
- Rs 7 crore
- Revenue Shortfall
- 25%
- Previous Contract Value
- Rs 109 crore