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Govt releases Natural Resource Accounting to track mineral, energy deposits

The asset accounts would help identify alternate economic and energy-based resources, and aid in developing an ecosystem for containing illegal mining

economy, production, manufacturing, gdp, growth, jobs, workers, labours, industry, metal, mineral, melting, safety
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Karthik Jerome New Delhi
The Government Accounting Standards advisory board (GASAB) has come up with a Natural Resource Accounting (NRA) for tracking and maintaining the natural resources of India. GASAB had prepared templates for the asset accounts for mineral and energy resources which were field-tested and reviewed by the experts in the consultative committee. As on date, all 28 states and one Union Territory (J&K) have prepared the asset accounts for 2020-2021. The asset accounts captured details of 34 major minerals, 58 minor minerals and all four fossil fuels. A report of the asset accounts will be shortly published and an electronic dashboard with

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First Published: Jul 15 2022 | 10:24 PM IST

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