Vedanta boss Anil Agarwal’s allegations 'completely misleading', govt says as it backs mineral auction regime for iron ore blocks

The Mines Ministry refutes Vedanta Chief Anil Agarwal's claims that auctioning iron ore mines raises input costs. The Ministry clarifies that auction premiums are not a total revenue share and emphasizes that iron ore prices in India remain competitive. Around 417 blocks have been auctioned, with 34 operational and more expected soon, challenging Agarwal's assertions of limited availability.