The State Gov ernment may, by numberification in the Official Gazette, reserve any area for the exploitation by the Government, a Corporation established by any Central , State or Provincial Act or a Government Company within the meaning of section 617 of the Companies Act, 1956 Central Act 1 of 1956 .
The State Government themselves nay engage in quarrying black, red, pink, grey green, white or other companyoured or multi companyoured granites or any rock suitable for use as ornamental and decorative stones or may grant or renew leases for we above minerals to a State Government Company or Corporation owned or companytrolled by the State Government.
or companytrolled by the State Government 1 a Notwithstanding anything companytained in these rules but subject to rule 8 A and clause b of this sub rule, on and from the 10th June 1992, numberlease for quarrying black, red,pink, grey, green, white or other companyoured or multi coloured granites or any rock suitable for use as ornamental and decorative stones shall be granted to any person.
The relevant portion of rule 8 C, as amended, reads thus 8 C. Lease of quarries in respect of black, red, pink, grey, green, white or other companyoured or multi coloured granites or any rock suitable for use as ornamental and decorative stones to a State Government Company or Corporation owned.
