Thursday, 9 June 2016

Beach Sand Mining Scam Worth Rs 1 Lakh Crore In Tamil Nadu

Outrage has become a common way of life in the village of Periyasamypuram in Tuticorin district, Tamil Nadu. The locals took the law in their hands by holding hostage a sand mining truck of VV Minerals as it was preparing to leave for a delivery. They also battered the driver before letting him go. The police inspector of Surangudi and the village administrative officer rushed to the spot and tried to talk sense into the villagers, but they did not budge.

VV Minerals India is one of the largest sand mining companies in India. VV Mineral Vaikundarajan, is of the belief that the people are being fed deceptive information and forced to do such publicity stunts. A PIL alleges that rare beach sand minerals worth Rs 1 lakh crore have been illegally exported out of the country. VV Minerals, being one of the largest sand manufacturers and exporters, has been purportedly framed in this case.

VV Mineral Mining is legally authorised to manufacture and export Garnet with 1% cent Monazite content as presently no one in India has the technical support for the separation of Monazite. The Managing Director of VV Mineral said that the company has never gone beyond the one per cent threshold for Monazite while exporting Garnet. Garnet is the core product of VV Minerals and it is the largest exporter of Garnet in the country.

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