Economics waits on political change-and by no means in India alone. While the Indian elections next year are widely expected to change the momentum in economic activity, experts in Australia-the largest investor in mining in the world in absolute terms-anticipate a change in government after the federal election this year

By December 2013, government expects a nine-member panel to submit report on devising public-private-partnership (PPP) framework in the coal mining sector. In March 2013, the government set up the panel under the chairmanship of Coal Secretary SK Srivastava to devise PPP framework

By December 2013, government expects a nine-member panel to submit report on devising public-private-partnership (PPP) framework in the coal mining sector. In March 2013, the government set up the panel under the chairmanship of Coal Secretary SK Srivastava to devise PPP framework

The exploration capacities of PSUs and the state governments are almost utilised. Dilip Kumar Jena and Bhavesh Singhavi recommend why we should study the best practices in Canada and other mining-rich countries while engaging the private sector.

There was hardly any investment in the mining sector despite the sector was opened up for 100 per cent FDI in February 2000. There is an urgent need to find out ways and means to attract private investment in exploration because government agencies have not been able to find resources

Equipment companies would like to see better procurement methodologies which are technology-driven rather than just low capital cost-oriented, Somnath Dutta Majumdar, Business Line Manager-Drilling Solutions, and Anirban Sen, Business Line Manager-Underground Rock Excavation, Atlas Copco

India's resource governance system needs to ensure allocation of iron ore resources to all the steel producers, so that effective value addition can happen within the country and India will be less dependent on import of finished steel,

Given the present globally competitive environment, the mining industry must work on new financial strategies, aggressive exploration development programmes, investment-friendly policies and regulatory framework, value addition of minerals and the use of productivity enhancing techniques

A sustainable mining industry will contribute to long term development of infrastructure and economic diversification. AK Bhandari, Advisor, Federation of Indian Mineral Industries (FIMI),