Congress leader Pawan Khera accuses Modi Government of Rs12,000 crore iron ore export scam

New Delhi: The Congress has accused the Modi government of the Rs 12,000 crore iron ore export scam. Congress National spokesperson Pawan Khera said that the Modi government at the Centre has given examples several times in the last six years, making it clear that the Modi government has come to power only for a few of its selected rich friends.

Congress leader Pawan Khera has said, "Before 2014, iron ore (cast iron) was exported only by MMTC, and MMTC could also export only iron ore with 64% iron concentration.  The MMTC also had to seek permission from the government before selling the above level of iron, with 89% of the MMTC being under the government. Iron ore exports also had a 30% export fee. This was done so that good quality iron remained in the country and used the steel plant in the country".

According to Congress leader Pawan Khera, "When the Modi government came to power in 2014, all these rules were changed. The Steel Ministry first changed the 64% iron concentration rule and allowed Kudremukh Ore Iron Company Limited (KIOCL) to export iron ore to China, Taiwan, South Korea, and Japan. The ministry made another change in the policy and declared that 30% export duty on iron ore would continue, but if exported as iron ore pellets, it would not be charged any export duty.

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