https://www.taxtmi.com/news?id=31265 The Union government annulled the auction of the Nayakkarpatti tungsten block due to its proximity to a biodiversity heritage site and cultural locations, responding to local community and state objections. Although the block had been offered as a composite licence requiring further exploration by the preferred bidder before any lease, environmental heritage concerns and representations prompted the central government to cancel the sale, underscoring that biodiversity protection and traditional rights can lead to withdrawal of mineral auctions. en-us Thu, 23 Jan 2025 19:16:03 +0530 Thu, 23 Jan 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31265 The Union government annulled the auction of the Nayakkarpatti tungsten block due to its proximity to a biodiversity heritage site and cultural locations, responding to local community and state objections. Although the block had been offered as a composite licence requiring further exploration by the preferred bidder before any lease, environmental heritage concerns and representations prompted the central government to cancel the sale, underscoring that biodiversity protection and traditional rights can lead to withdrawal of mineral auctions. News - Thu, 23 Jan 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=31265