Crushed Stone, M-Sand to Cost Rs 1K More Per Tonne in Tamil Nadu
25 Apr 2025
1 Min Read
CW Team
Starting Tuesday, the price of crushed stone, M-Sand, and P-Sand will increase by Rs 1,000 per tonne across Tamil Nadu, the Tamil Nadu Stone Quarries, Crusher Units and Lorry Owners Association announced on Monday.
Following negotiations with Minister for Water Resources, Minerals and Mines Duraimurugan and senior officials, the association confirmed that its recent strike鈥攃alled to protest revised taxes and the introduction of a mineral-bearing land tax鈥攈as now been withdrawn.
Association president K Chinnasamy stated that the revised rates are essential to offset the additional tax burden. As per the new prices, crushed stone will now cost Rs 5,000 per tonne, M-Sand Rs 6,000, and P-Sand Rs 7,000 per tonne.
He assured that the price hike was limited strictly to covering the increased tax costs and urged public cooperation, noting that operations had become financially unsustainable at previous rates.
A government release noted that quarry operators were also informed about upcoming orders concerning lease extensions and amalgamations. Their concerns regarding the State Level Environment Impact Assessment Authority and other issues will also be reviewed.
Source: Express News Service
Starting Tuesday, the price of crushed stone, M-Sand, and P-Sand will increase by Rs 1,000 per tonne across Tamil Nadu, the Tamil Nadu Stone Quarries, Crusher Units and Lorry Owners Association announced on Monday.
Following negotiations with Minister for Water Resources, Minerals and Mines Duraimurugan and senior officials, the association confirmed that its recent strike鈥攃alled to protest revised taxes and the introduction of a mineral-bearing land tax鈥攈as now been withdrawn.
Association president K Chinnasamy stated that the revised rates are essential to offset the additional tax burden. As per the new prices, crushed stone will now cost Rs 5,000 per tonne, M-Sand Rs 6,000, and P-Sand Rs 7,000 per tonne.
He assured that the price hike was limited strictly to covering the increased tax costs and urged public cooperation, noting that operations had become financially unsustainable at previous rates.
A government release noted that quarry operators were also informed about upcoming orders concerning lease extensions and amalgamations. Their concerns regarding the State Level Environment Impact Assessment Authority and other issues will also be reviewed.
Source: Express News Service
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..