The closure of 88 iron-ore mines in western Indian coastal province of Goa since March 2018 has resulted in loss in revenue of $832-million a year, according to a study of Federation of Indian Mineral Industries (FIMI).
According to FIMI, the closure of the mines for the past one-and-half years has resulted in more than 100 000 direct job losses and about 300 000 mining dependents engaged in related services, like truck owners, drivers, repair shots, petrol/diesel vendors, hotels, private lenders and shop owners have had to shut down their small businesses.