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Business
Mines Ministry Auctions Two Limestone Blocks in Jammu & Kashmir to Boost Mineral Development
✍️ business-standard.com
🗓 03 Oct 2026, 04:31 AM
👁 9
The Ministry of Mines has put two limestone blocks in Jammu and Kashmir up for auction, aiming to stimulate mineral sector growth.
The Ministry of Mines announced today that it will auction two limestone blocks located in the union territory of Jammu and Kashmir. The auction is part of a broader effort to unlock the mineral potential of the region.
Officials said the move is intended to attract private investment and accelerate the development of mining infrastructure. The limestone blocks are expected to be offered to eligible bidders under the standard auction procedures.
The ministry has not disclosed the exact size or location of the blocks, nor the timeline for the bidding process. It emphasized that the auction aligns with the government's policy to promote sustainable mineral extraction and generate revenue for the state.
Industry observers note that Jammu and Kashmir holds significant limestone reserves, and the auction could pave the way for further exploration activities.
Officials said the move is intended to attract private investment and accelerate the development of mining infrastructure. The limestone blocks are expected to be offered to eligible bidders under the standard auction procedures.
The ministry has not disclosed the exact size or location of the blocks, nor the timeline for the bidding process. It emphasized that the auction aligns with the government's policy to promote sustainable mineral extraction and generate revenue for the state.
Industry observers note that Jammu and Kashmir holds significant limestone reserves, and the auction could pave the way for further exploration activities.