Mining Sector witnessed record production in FY24: Govt
A significant growth has been recorded in the production of key minerals and aluminium metal, the Ministry of Mines said.
A significant growth has been recorded in the production of key minerals and aluminium metal, the Ministry of Mines said.
The New rules notified by the Ministry of Mines have kept mining of Atomic and HydroCarbons Energy Minerals of the Concession in the amendments of the Mines and Minerals (Development and Amendment) Act, 1957 (‘MMDR Act’).
“We believe that there is a significant scope for new mining capacities in iron ore bauxite and coal and opportunities for future discoveries of subsurface deposits”, J B Pany, Chairman, ICC Odisha State Council said.
Under it, the state government will waive the dues on account of contract money and Rehabilitation and Restoration (R & R) fund for 26 days between 25 March, 2020 to 19 April, 2020 from all such mineral concession holders who were operating mines at the time when lockdown was imposed.
