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Business Jharkhand Headlines
Cable Company Workers Announce Phased Protest Against Vedanta Management Workers of Incab Industries Limited, known as Cable Company, decided to launch a phased protest against Vedanta management during a meeting in Barmamines, Jamshedpur. They expressed anger over the management’s functioning and said a meeting requested through the Deputy Labour Commissioner had not taken place despite the scheduled time passing. Workers also decided to hold an indefinite protest outside the company gate in future.
Jharkhand to Approach Supreme Court Over MMDR Amendment and Rs 1.36 Lakh Crore Claim The MMDR Amendment Act 2026 has come into effect after presidential approval, ending Jharkhand’s claimed Rs 1.36 lakh crore dues from the Centre related to coal royalty and land rent. The state government plans to challenge the amended law in the Supreme Court. Finance Minister Radhakrishna Kishore said preparations are underway and a lawyer is being finalised for the case.
Jharkhand Officials Face Criticism Over Inaction on Illegal Mining Complaints Jharkhand received 575 complaints related to illegal mining and transportation during the past year, but action was taken in only 269 cases. The remaining 306 complaints are awaiting action at district level. A review by the Mines and Geology Department highlighted administrative inactivity. Dhanbad reported the highest number of complaints, while Godda, Khunti and Gumla recorded action in all cases.
Major Welfare Announcements Expected for Coal Workers on Vishwakarma Puja Union Coal Minister G Kishan Reddy may announce new welfare measures for coal workers on September 17. Proposed benefits include accident insurance up to Rs 1 crore for regular employees and Rs 40 lakh for contract workers. Ex-gratia compensation for mining accident deaths may rise to Rs 25 lakh. Other measures include health checks, uniform allowance, scholarships and grievance tracking facilities for workers’ families.
Nandalal and Mukund Rungta Enter Fortune India’s Top 100 Richest List Nandalal Rungta and Mukund Rungta of the Rungta mining family have entered Fortune India’s 2026 list of the country’s top 100 richest people. Their combined wealth is estimated at around Rs 40,000 crore, placing them 67th. The family has strong business ties with mining areas of West Singhbhum and Chaibasa. Both were also included in the 2025 Hurun India Rich List.
Forest Department Seeks Report Over Retired Officers Working Without Extension Jharkhand’s Forest Department has sought an explanation from the Chief Conservator of Forests, Chatra, over allegations that retired ACFs and rangers are continuing to work without service extensions. Questions have also been raised over unauthorised additional charges and use of financial powers. The department has ordered a statewide inquiry, citing possible risks of corruption, misuse of position and government funds.
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