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The Hindu
The Hindu
National
Special Correspondent

States to gain from promoting mineral exploration: Union Minister

Union Minister of Mines Prahlad Joshi has urged States to make most of the measures initiated by the Centre for increasing production of various minerals in the country.

From reforms aimed at improving the Ease of Doing Business levels to providing incentives to States initiating the auction process, a clutch of measures has been undertaken, the Minister said, inaugurating a two-day National Mines Ministers’ conference here on Friday.

Underscoring the significance of functioning in the “true spirit of cooperative federalism,” as evident during the recent mass vaccination drive against COVID-19, he said the Centre is keen on tapping the potential of the mining sector and thereby contributing more to the GDP. At present the share of the mining and minerals sector, excluding coal and petroleum, is under 1%. The target is to take this to 2.5% by 2030.

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