Business Iron ore mining no longer lucrative Global recession has its cascading effect on iron ore mining in Karnataka. This business once changed the face of Karnataka and its politics. With the price of iron ore going down, the huge machines at the mining sites have now stopped working. A ton of iron ore from Bellary which cost Rs.3000 until recently, has now dropped to just Rs.350. The possible closure of mines may throw thousands of families to the streets. (Kannada Prabha, Saturday, Oct 25) Pay and Park rule to return The ‘Pay and Park’ rule by BBMP is all…
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