There is a perennial need for regulatory and institutional changes to keep in step with the social and infrastructural development. It often seems that the law is playing catch up with situations that evolve and many a times it is possible to trace in new or amended legislation the exact gap or mischief it is trying to plug.
Tag: National Mineral Policy
Post
Post
Tribals’ interest to be protected while mining: Govt
Union Minister of Mines, Dinsha Patel has said that the National Mineral Policy, 2008 states that mining activities will be undertaken so that special care is paid to protect the interest of host and indigenous (tribal) population through developing models of stakeholder interest based on international best practice.
Post
Contract opportunities in mining sector
As the size of the economy grows, so does the demand for mineral resources like iron ore, coal, manganese, copper. India produces around 89 minerals out of which four are mineral fuels, 11 are metallic, 52 are non-metallic and 22 are minor minerals. In order to boost mining output, the central government revised the National Mineral Policy in 1994 and allowed private domestic and foreign investors to explore and exploit iron ore copper, zinc,
Post
Tax money and high-risk prospecting
Without investment in exploration leading to discovery of mineral deposits, no investment would be forthcoming in mining, India is a densely populated country with an ancient heritage of mining and metallurgy.