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Minerals are a vital component of any country’s economic strength. India is endowed with a rich mineral base. The Gondwana part or the peninsular part of the country has about 98% of India’s minerals and related resources. The mineral policy acknowledges the fact and envision meeting of Indian strategic and national long term goals in a sustainable manner. There is emphasis on change in methodology for mining and the policy calls for modern and state of the art mining infrastructure for the mineral industry for increased efficiency and end-to-end product delivery. The emphasis on forward and backward linkages are worth appraisal and the mineral industry is interdisciplinary in nature beyond any doubt. However, equally true is the fact that nothing is perfect. There are certain lacunae or loopholes still persisting in the policy. Policy does not adequately answer the issues related to social and environment destruction arising from the mining process. Further, the issues related to captive mining and abandoned mines remains untouched. The policy has a flavour of excessive technological dependence. Unless the policy does not meet the above mentioned challenges and the issue of development of locals along with dealing with Left Wing Extremism in the area the outcomes of such policy will always fall short of desired and deserved outcomes.
By: Aakash ProfileResourcesReport error
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