Comments invited on base paper for National Mineral Exploration Policy

By | November 5, 2015

Ministry of Mines

05-November, 2015

Ministry of Mines Invites Comments on base paper for National Mineral Exploration Policy (Non-Fuel and Non-Coal Minerals) by 20th November, 2015
The Ministry of Mines has prepared the base paper for National Mineral Exploration Policy(Non-Fuel and Non-Coal Minerals) for enabling auction of the mineral concessions as provided under the MMDR Amendment Act, 2015. The draft base paper for National Mineral Exploration Policy (Non-Fuel and Non-Coal Minerals) has been uploaded on the website of the Ministry of Mines (What’s New), inviting comments/ suggestions from the general public, Governments of States / Union Territories, Mining Industry, Stake Holders, Industry Associations, and other persons and entities concerned by 20th November, 2015. The Comments may be sent at by 20th of this month.

The NMEP has to spell out the strategy and action plan that the Government will adopt for ensuring comprehensive exploration of India’s (non-fuel and non-coal) mineral resources.  It will have to cover the various actions needed as prerequisites to exploration and thereby help in sustainable and efficient exploitation of India’s mineral resources.

Successful exploration requires bringing together of the best of knowledge and experience, the latest and most advanced technology, highly trained human resources, and also enormous financial resources, on an open, collaborative and inter-disciplinary platform.  A large portion of the effort is clearly of a public good character and, hence, needs to be publicly funded.

The NMEP will, therefore, have to spell out the details of the specific tasks that the Government will undertake in this sector, and the resources that it proposes to commit thereto.

Before finalizing the NMEP, the Government wishes to consult as widely as possible all the stakeholders in this sector.  There are several options amongst which choices have to be made.  In order to facilitate informed and structured discussion, the Government have felt it necessary to place before the stakeholders a discussion paper that covers all the relevant issues.

NATIONAL MINERAL EXPLORATION POLICY (Non-Fuel and Non-Coal Minerals) BASE PAPER FOR DISCUSSION is annexed here. (Click here NMEP- Basepaper_F.docx)


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