Illegal minerals Mining Of Rs 96,000 Crore In Tamil Nadu: Just A Mere Rumor

Illegal minerals Mining Of Rs 96,000 Crore In Tamil Nadu: Just A Mere Rumor

Sometime back a rumor was doing the rounds that a massive scam of Rs. 96,000 crore had been taking place involving illegal mining and export of thorium in the southern state of Tamil Nadu. But soon the news died out as the government gave a clean chit to VV Minerals India which is a major player of this business in Tamil Nadu. Given the opacity of our Indian Government system it is very easy for people to believe in any

news that comes by as a scam because that has become the general trend these days. In this era of scams, government’s disagreement does make a difference to the public discourse.

VV Mineral India is one of India’s largest private mineral Miner, Manufacturer and Exporter of heavy minerals like garnet, ilmenite, zircon and rutile. S. Vaikundarajan who is the chairman of VV Minerals started this company in 1989 and since then it is into this heavy mineral mining industry. Having been in this industry for over years VV Mineral India has gained quite much popularity as they have been practicing this trade

fairly all throughout. However, there are many external forces that are not happy with VV Mineral’s success and then they allege that VV Mineral, Vaikundarajan is into some kind of illegal mining of 96,000 cr.

Following the government norms has always been the first priority at VV Minerals and that is the sole reason why they have survived for so long in this trade. Even though it is a private company, it is next to impossible to practice illegal activities at

such unprecedented levels right under the government’s nose. S. Vaikundarajan got into this heavy mineral mining after acquiring all kinds of statutory clearances and permits that are needed to run the mining business. VV Group has also entered into Food & Agro, Cements, Sugar, Pigments and Paints.

The trade practices of VV Minerals also fostered many different local industries and also provided employment to many. VV

Minerals, S. Vaikundarajan always believes in doing good for the society and therefore, the economy really suffered a blow when false accusations were made against VV Minerals. VV Minerals India take great care of the environment and their laboratories at the plant and warehouse are fully equipped to undertake necessary tests for quality and sieve analysis as per international standards.

It is a thought provoking issue that when the industry has been developed at huge investments and over a period of 20- 25 years, no producer will indulge in illegal activity. If there was any such kind of illegal mineral mining then it wouldn’t have been hidden for so long, it would have come up much earlier.

VV Minerals is based in Tamil Nadu and is the biggest private mineral mining company which has been carrying out its operations for years without any glitches. There had not been any kind of such allegations earlier on to tamper the image of the Company but S. Vaikundarajan is thankful to the Government that they cleared it of all the false accusations.

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