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The Economic Times
The Economic Times
Business

Take steps to accelerate discovery of new mineral resources, says NITI Aayog

New Delhi: The government should take measures to improve access to geological data, risk capital and fiscal support for junior exploration companies, while expanding private exploration participation to accelerate discovery of new mineral resources, NITI Aayog said on Wednesday.

The Aayog in its 'Trade Watch Quarterly' report suggested that the government should extend the validity of compliance reports, reduce repetitive approval stages, streamline forest and compensatory-afforestation procedures, and establish clear norms for brownfield expansion to reduce project delays.

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