New Delhi: The Supreme Court has ordered an electronic auction of iron ore that has already been mined in Goa, which amounts to over 11 million tonnes.

The proceeds from the sale will be kept in separate fixed deposit accounts by the Goa government till the apex court issues a final order on the matter.

A special bench headed by justice A.K. Patnaik said that the entire process will be monitored by a committee comprising three officers. The committee has been ordered to submit an interim report by February.

Another six-member panel committee has been created to conduct environmental impact assessment studies and suggest a sealing on the extraction of ore keeping in mind sustainable development, the court said.

Mining was banned in Goa after a report by the Shah Commission said that a loss of approximately 35,000 crore occurred due to irregularities.

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