Strategic Plan for Ministry of Mines
The Ministry of Mines is preparing a detailed Strategic Plan document
“Unlocking the Potential of the Indian Minerals Sector” in order to
systematize the functioning of the Ministry and align it more directly
with the vision emanating from the National Mineral Policy. The
Strategic plan has identified that the Indian minerals sector holds a
huge potential for all stakeholders, including the central government,
state government, community and the entire economy. With the right kind
of support, the mining sector has the potential to significantly
contribute to the GDP and also improve the revenues of royalty and
taxes. The Strategic Plan has identified the six priorities to achieve
the objectives. These priorities are (i) expanding resource and reserve
base by stepping up exploration and aiding international acquisition of
strategic minerals (ii) reducing permit delays to create a more
favourable policy environment (iii) setting up core enablers for
mining—infrastructure, human capital and technology (iv) ensuring
sustainable mining and development (v) creating an information,
education and communication plan and (vi) establishing the right
governance structure for effective implementation.
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