Mines ministry to fast-track mineral concessions

Image
BS Reporter
Last Updated : Jan 20 2013 | 2:34 AM IST

The mines ministry has drawn up plans to tighten state-level governance machinery for eradicating delays in grant of mineral concessions — the reason why miners are drawn towards illegal mining practices. It includes setting up state empowered committees and district level task forces to monitor concession system, giving more powers to state mining directorates and faster environment clearances. It was finalised at a meeting of the Central Coordination-cum-Empowered Committee of the mines ministry chaired by mining secretary Vijay Kumar.

The measures are expected to bring greater transparency in the system for grant of mineral concessions.

Other issues discussed in the meeting include use of satellite imagery to help curb illegal mining through detection of lease area violations and plugging loopholes in the royalty collection system.

A spurt in illegal mining activities has led the Supreme Court to impose a blanket ban on all iron ore mining activities in Karnataka, the country’s chief iron ore producing states. The government’s move to amend the mining law of 1957 also has elaborate provisions for checking illegal practices in mining.

Illegal mining is identified by experts as a major reason why growth in the country’s mineral production in value terms dipped to 10 per cent last financial year from 17 per cent in 2005-06.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 22 2011 | 12:10 AM IST

Next Story