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I&C Department earn merely Rs. 4.2088 Crore from sale of Kishtwar Sapphire in last 8 years
7/3/2016 12:13:06 AM
Early Times Report

Srinagar, July 2: The government of Jammu & Kashmir today stated that it has earn only Rs. 4.2088 Crore in last 8 years on account of sale and extraction of blue Sapphire and other gems from world famous Sapphire mines of Padder in Kishtwar District. In a written reply to CQ. No. 249 Congress MLC from Doda Minister In charge Industries and Commerce stated that the lease of corundum and other gem stones situated at Sumcham, Padder in Kishtwar District has been granted to J&K Minerals Limited. As per reply the government earns Rs. 131.97 Lakhs in 2007-08 through auction that took place on 11/12-03-2008, Rs. 74.70 Lakhs in 2009-10, Rs. 47.22 Lakhs in 2011-12, Rs. 43.28 Lakhs in 2012-13 and Rs. 88.62 Lakhs in 2015-16 which amounts to Rs. 420.88 Lakhs in last 8 years which is far less as compared to the availability of the Sapphire deposits in the area. The government further stated that the Geology and Mining Department has received Royality/Dead rent on extraction of Neelam (Sapphire) in Chenab Valley on an average of Rs. 414287 per year.
It is pertinent to mention that world famous Sapphire mines of Kishtwar are vulnerable to open theft from Sapphire smugglers who smuggled this precious stone to different parts of the country as well as in different parts of the world. Situated at an altitude of over 14500 feet above sea level, Kishtwar Sapphire are covered with lofty and snowy mountains from Ladakh and Himachal Pradesh and the Sapphire smugglers with the help of some locals visited these mines due to non availability of security at these mines transported it to different markets of the world. In past Kishtwar police arrested several local and outsider with Sapphire, but it required more efforts from the government to prevent these Sapphire mines from smugglers, beside took some concrete steps to explore the Sapphire mines having billions of dollars of Sapphire reserves.
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