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Business Jharkhand Headlines
• Anand Pasari Again Elected as JCTA Association President Anand Pasari was again elected as president of the Jharkhand Commercial Tax Advocates’ Association for 2026-27 at its annual general meeting in Ranchi. The election was conducted under the supervision of Harilal Patel and Vijay Kumar Verma. Jyoti Poddar was elected vice president, Ajay Kumar honorary secretary, Chetan Patel joint secretary and Sharad Dargad treasurer.
• Jharkhand Cabinet to Decide Fresh Date for Special Assembly Session Jharkhand’s Cabinet will meet on 7th October 2026 to decide the revised date for a proposed two day Assembly special session against recent MMDR Act amendments. The State Government plans to pass a resolution opposing changes affecting its mineral cess powers and send it to the Centre. Parliamentary Affairs Minister Radhakrishna Kishore said Jharkhand considers cess collection a state right.
• Jharkhand’s GST Collection Rises 76%, Compensation Falls 98% Jharkhand’s SGST collection rose 76% in four years, from Rs.7,931 crore in 2020-21 to Rs.13,980 crore in 2024-25. However, GST compensation fell 98%, from Rs.1,526 crore in 2021-22 to just Rs.36 crore in 2024-25. Finance Minister Radhakrishna Kishore will raise the issue at the GST Council meeting, as the state expects lower SGST revenue in 2026-27.
• New Uranium Mine Planned at Khandandungri in East Singhbhum Uranium Corporation of India Limited (UCIL) is preparing to develop a new uranium mine at Khandandungri near Jadugoda in East Singhbhum. An AMD survey has confirmed the presence of good quality uranium deposits, though detailed grading studies are underway. UCIL will complete administrative procedures before seeking forest clearance and other statutory approvals needed to begin mining operations in the area.
• Coal Shortage Forced Shutdown of One Tenughat Power Unit Tenughat power plant has shut one of its two units since 1st October due to a shortage of coal, reducing daily generation from 320 MW to around 150 MW. The plant needs about 6,000 tonnes of coal daily but is receiving only one 3,500-tonne rake instead of two. TVNL has asked CCL to immediately increase supplies during the festival season.
• Workers Hold BCCL Project Officer Hostage for Three Hours Over Unpaid Wages Outsourcing workers at BLA’s project in BCCL’s Sendra-Bansjora Colliery in Dhanbad held Project Officer Anil Kumar Verma for nearly three hours over unpaid wages. Workers said they had not received salaries for three to four months after mining operations stopped due to waterlogging. Management assured them work would resume within five days, after which the officer was released. Workers warned of an indefinite coal dispatch stoppage.
• Jharkhand High Court Directed Strict Vigil at Hindalco Plant The Jharkhand High Court has directed the district administration to ensure law and order at and around Hindalco Industries’ Muri plant. The court said a situation like the earlier violence should not recur and asked Hindalco to cooperate with the administration. The matter concerns a petition filed by the company following protests over workers’ demands. The next hearing is 28th October 2026.
• Vivek Jhajhari Named Among India’s Top 10 COOs Jhumri Telaiya, Giridih district resident Vivek Jhajhari has been featured among India’s 10 best Chief Operating Officers by TradeFlock magazine, with his photograph published on the magazine’s cover. Currently working with Bengaluru based IT and software company Omnisha, Jhajhari is credited with contributing to the company’s growth through his leadership. His recognition has brought pride to his family and the Koderma community.
• Coal India Bonus Decision Likely at JCC Meeting Today A decision on the annual Performance Linked Reward (PLR) for Coal India and subsidiary employees is likely at the Apex JCC meeting on 3rd October. Around two lakh workers are expected to benefit. Employees are hoping for more than 1.10 lakh, based on recent increases. Last year, the bonus rose by Rs. 9,250 to Rs. 1.03 lakh.
• Power Ministry Joint Secretary Reviewed NTPC Coal Mining Project Power Ministry Joint Secretary Aadhar Raj visited NTPC Mining Limited’s Pakri Barwadih coal mining project in Barkagaon, reviewing mining operations and development initiatives. He inspected the mine viewpoint and discussed operational and technical activities with senior officials. During his visit to the Sikri township, Raj also planted a sapling under the “Ek Ped Maa Ke Naam” campaign, stressing environmental protection and sustainable development.
• Jharkhand Plans to Continue Mineral Cess Collection Amid MMDR Dispute Jharkhand’s revenue enhancement committee has approved continuing mineral cess collection despite the 2026 MMDR Amendment Act restricting states from imposing specified levies on mineral rights and mineral-bearing land. The state government is also considering a Supreme Court challenge. Mineral cess collections reached Rs.4,657 crore by August 2026, against an annual target of Rs.11,000 crore, while proposals are being prepared to raise revenue from minerals entering Jharkhand.
• Jharkhand Cabinet Meeting Scheduled for 7th October The Jharkhand Cabinet will meet on 7th October at Project Bhawan in Ranchi, according to an order issued by the Cabinet Department. The meeting was earlier scheduled for 25th September but was postponed due to the illness of Chief Minister Hemant Soren’s mother. Several important proposals are expected to be considered during the meeting.
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