The new Minister of Mines Piyush Goyal, who assumed the additional charge on Wednesday, said he will work towards increasing the share of mines and minerals in India's GDP by 1 per cent in the next 2-3 years.
"We will work on a growth of 30-35 per cent annually in terms of the volume of minerals mined, which would help us in increasing mining's share in GDP by 1 per cent in 2-3 years," Goyal, who is in charge of the Power, Coal and Renewable Energy, told reporters here.
He took charge of the ministry from Narendra Singh Tomar, who has been transferred to the Rural Development Ministry.
To a query on a possible merger of the coal and mines ministries, the Minister said: "We will see that at an appropriate time. The Prime Minister and senior ministers will take a call on this. But, I must say this government works on synergy and is performance oriented."
"The government has merged the Ministry of Overseas Indian Affairs with the External Affairs Ministry in sync with its broad principle of 'minimum government, maximum governance'," he added.
Goyal said he will discuss with officials in the ministry on creating an app which will inform about the status of the mines, the minerals extracted as well as on export and import of such commodities.
He also assured that very soon he will be having dialogue with all the stakeholders for creating a future roadmap for the sector.
--IANS
bc/rn/dg
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
