PM Modi reviews in detail potential economic reforms in mines and coal sector

, ,

By Vikash Aiyappa | One India

A detailed discussion was held by Prime Minister, Narendra Modi in which the potential economic reforms in mines and coal sectors were deliberated upon. The discussions involved ensuring easy and abundant availability of mineral resources from domestic sources, upscaling exploration, attracting investment and modern technology, to generate large scale employment through transparent and efficient processes.

Auctioning of additional blocks, encouraging wider participation in auctions, increasing the production of mineral resources, reducing the cost of mining and cost of transporting, increasing ease of doing business while also reducing carbon footprint with environmentally sustainable development also formed an important part of the discussions…Full Story

Related Posts

, ,

China may take steps to curb surging iron ore prices

Source: Reuters BEIJING (Reuters) -Chinese regulators may take steps to curb surging iron ore prices, the state-owned Shanghai Securities Journal said on Friday, without providing details on any actions to be taken. The report comes after China’s state planner said last week it had sought expert advice on how to deal with rising prices. Read […]

,

Coal shortage now at alarming levels, say aluminium producers

With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Aluminium Association of India (AAI) has urged the union coal ministry for immediate resumption of adequate coal rakes for the highly power-intensive Aluminium industry. In its representation to the Ministry, the AAI has lauded […]