Reports On Loot Of Mineral Rich Sands Of Tamil Nadu Proven False

Tamil Nadu, India, July 28, 2014 (Newswire.com) - The mining of such minerals is carried out by a private company VV Minerals, which is also the leading the company in this sector. Being the highest contributor in the state’s export of heavy minerals VV minerals was put under the scanner for having carrying out illegal trade worth 96K crore.  Apparently, it was believed that the mineral rich sands of Tamil Nadu were being illegally exploited and exported for money.

However, that was not the case as it was just false news that was doing the rounds. VV Mineral, India is a private company but that does not really justify the allegation of a false scam leveled against them. Such stories are often believed to be true by everyone as in India scams are becoming more and more common these days. Being a private company does not even necessitate the fact that VV Mineral, Vaikundarajan will unlawfully exploit the resources. In fact, S. Vaikundarajan Chairman of VV Group is and has always been identified as someone who always follows his ethics while carrying out his heavy mineral mining business.

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S Vaikundarajan, MD

This rumor had lead to the government ordering a probe into the entire matter which also led to a ban on the mining activities of the VV Minerals. This incident brought great misery to all those people who were in any way linked to VV Minerals as S. Vaikundarajan was responsible for providing employment and also helping in sustaining various local indigenous industries as well. Apart from this VV Minerals was also providing great aid to the economy of our country by way of getting foreign currency in terms of exports. Such accusations were proven false as soon as this case was examined and investigated by the officials.

Any business is run after acquiring various permits and grants from the government and VV Minerals also fulfills this criteria. S. Vaikundarajan did get all the statutory clearances and followed all regulations as per the government norms while carrying out his business. That was justified when the case was rubbished by the courts and VV Minerals, Vaikundarajan was proved innocent.  

S. Vaikundarajan is quite a popular personality and is identified for his humble nature and modesty. It was unbelievable that he would get into such a thing merely for money. VV Minerals is his dream project and S.Vaikundarajan would not even attempt to do something that would malign its image. VV Minerals has been running business successfully for over years now and without any interruptions until this allegation. However, as the issues resolved work for VV Minerals resumed and it was proved that nothing can really come in way of following the right path.