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    Revenue implication of Rs 4,162 cr as Odisha’s iron-ore grade declined: CAG

    Revenue implication of Rs 4,162 cr as Odisha’s iron-ore grade declined: CAG

    "Therefore, the present status clearly indicates the existence of system failure to timely detect the actual grades of lumps and fines produced, which adversely impacted the state government revenue," the CAG said in its audit report.