Decision taken to avoid loss to exchequer of G&M Deptt 12% interest per annum to be charged for delay Mohinder Verma JAMMU, Feb 9: In order to avoid loss to the exchequer of the Geology and Mining Department, the Government has decided that now onwards the minor mineral block holders will pay from the royalty amount fixed by the Government towards District Mineral Foundation. Moreover, interest at the rate of 12% per annum will be charged in case of delay […]