The Ministry of Mines in India is set to launch the second tranche of limestone block auctions in Jammu & Kashmir on May 12. This auction will feature 12 blocks located across Anantnag, Rajouri, and Poonch districts, which are essential for industries such as cement and construction. The event will be attended by Mines Secretary Piyush Goyal and Jammu & Kashmir Additional Chief Secretary Ashwani Kumar, among other officials. The limestone blocks include both newly identified assets and those being re-auctioned. The auction process will adhere to the Mines and Minerals (Development and Regulation) Act, 1957, and will utilize a digital e-auction platform to ensure transparency and competitiveness. The government anticipates that the successful auction and operation of these limestone blocks will lead to increased revenue, job creation, and overall industrial growth in Jammu & Kashmir, contributing to the region's inclusive economic development.