[BREAKING] Mining Royalty Case | “Spinal Cord of India’s Economy”: Centre Opposes SC Plea for Refund of Mineral Royalties to States After Landmark Verdict

The Central government Today (July 31st) opposed states’ plea in the Supreme Court for a refund of royalty levied on mines since 1989, arguing it would burden public units by over Rs 70,000 crore. The Supreme Court’s recent ruling stated royalty is not a tax, and states sought retrospective application, which the Centre opposed.