May 11, 2026 06:42 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Suvendu Adhikari Cabinet clears BSF land transfer, census rollout, Ayushman Bharat in Bengal | Mamata govt's welfare schemes to continue: Bengal CM Suvendu Adhikari after first cabinet meeting | ‘One of life’s most emotional moments’: PM Modi performs grand Mahapuja at Somnath Temple | UPI trail cracks Suvendu Adhikari aide Chandranath Rath murder case; three arrested | Totally unacceptable: Trump rejects Iran’s peace plan in explosive showdown | Big defence boost: India successfully tests advanced Agni MIRV missile | India, Singapore unite for tough action against terror and transnational crime | TVK crosses majority mark with VCK, IUML support | I bow before Bengal: PM Modi’s powerful gesture at Suvendu Adhikari’s oath goes viral | Bengal turns a new page: Suvendu Adhikari takes oath as CM amid massive NDA show of strength
Kashmir
Photo: ChatGPT Recreated

Big boost for Jammu and Kashmir: Centre to auction 12 limestone blocks in major economic push

| @indiablooms | May 11, 2026, at 05:44 pm

The Ministry of Mines, Government of India, is set to launch the second tranche of auction of limestone blocks in the Union Territory of Jammu & Kashmir on May 12, 2026, at Srinagar.

Building upon the successful initiation of mineral block auctions in the UT, this marks another significant step towards unlocking the region’s mineral potential and strengthening its contribution towards the vision of Viksit Bharat and Aatmanirbhar Bharat.

Under Tranche II, the Ministry, in collaboration with the Government of Jammu & Kashmir, is offering 12 limestone blocks for auction.

These blocks are located across the districts of Anantnag, Rajouri, and Poonch, and include both newly identified blocks as well as those being re-auctioned under second attempt, reflecting the Government’s commitment towards optimal resource utilization and sustained industry participation.

The launch event will be held at Srinagar and will be attended by Piyush Goyal, Secretary, Ministry of Mines.

Ashwani Kumar, Additional Chief Secretary, Government of Jammu & Kashmir, along with senior officials from the Ministry of Mines and the Government of Jammu & Kashmir, will also be present during the event, highlighting the Centre and UT Government’s shared commitment towards accelerating mineral development, industrial growth, and inclusive economic progress in Jammu & Kashmir.

The blocks are broadly categorized under UNFC G3 and G4 stages of exploration, indicating promising geological potential with substantial industrial-grade limestone deposits.

These resources are critical for key sectors such as cement, construction, and infrastructure, and are expected to play an important role in supporting industrial growth and economic development in the region.

The auction is being conducted under the provisions of the Mines and Minerals (Development and Regulation) Act, 1957 and the Mineral (Auction) Rules, 2015 (as amended).

The process is designed to be transparent, competitive, and aligned with global best practices, with bidding conducted through a digital e-auction platform.

The Ministry of Mines remains committed to promoting scientific and sustainable mining practices.

"The successful auction and operationalization of these blocks is expected to generate significant revenue, create employment opportunities, strengthen industrial growth, and contribute towards the inclusive development of Jammu & Kashmir," the statement said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.