No need to panic over Goa mining leases cancellation: Parrikar

After initially refusing to comment on the Supreme Court’s decision to cancel all the 88 mining leases recently renewed by the state government, Goa Chief Minister Manohar Parrikar on Wednesday said there was no cause for panic.

Parrikar said a formal statement would be issued by his office in two-three days after studying the order of the apex court which is expected to impact the iron ore mining sector in Goa, the country’s highest exporter of iron ore. “There is no panic. We can decide in two, three days. I have to also seek legal advice on the issue. As a Chief Minister I cannot comment casually. The order is not applicable (from) tomorrow.

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