In 2013, a ban on beach mineral mining was imposed in Tamil Nadu. This ban has severely hit the local industry and rendered many locals jobless, causing a huge loss to everyone in the process.
VV Mineral’s Managing Partner, V Subramanian came strongly against the ban stating, “The local industry is nearly without job as a result of the ban that was effected in August last year. It has rendered joblessness to around 50,000 people including 15,000 of ours. The country is losing forex amounting to at least Rs 10,000 crore a year.”