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
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Transport: Mechanise projects
Proper mechanisation in road project is needed using the advanced technology to complete the projects within the stipulated time. In India, the equipment bank concept is not so popular.
Mining: Free up hi-tech imports
The government should permit duty free import of high capacity equipment reqÂuired for underground mining, and faciÂlitate land, shifting of utilities, environment clearance, cutting of trees, etc.