Mining in India Current Affairs, GK & News

Centre takes control of District Mineral Funds from states

Centre undertook complete control of district mineral foundation (DMF) funds from state. Key points It negating right of states to sanction or approve any expenditure out of the funds that have been accrued from mandatory contribution from mining lease holders. Since 2015-16, when DMF funds came into effect, over Rs 49,400 crore have flown into ..

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Rajasthan’s New M-sand Policy-2020

The Chief Minister of Rajasthan, Ashok Gehlot, has released the new M-Sand Policy of Rajasthan in light with the government’s commitment to meet the quantity of sand which is needed for construction work.  M-Sand Policy The M-sand policy has been launched with the aim of reducing the dependency on the traditional sand from rivers. Through ..

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KABIL: To Ensure Supply of Critical Minerals

The Ministry of Mines has approved the setting up of a joint venture Khanij Bidesh India Ltd. (KABIL) to ensure a consistent supply of critical and strategic minerals to the Indian domestic market. KABIL It will be a joint venture of three central Public Sector Enterprises namely, National Aluminium Company Ltd.(NALCO), Hindustan Copper Ltd.(HCL) and ..

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NGT appoints S J Vazifdar committee to decide Vedanta’s plea challenging closure of its Sterlite plant

The National Green Tribunal (NGT) has appointed former Punjab and Haryana High Court Chief Justice S J Vazifdar as head of a 3-member committee to decide mining company Vedanta Limited’s plea challenging the Tamil Nadu government’s order to close the Sterlite copper plant at Thoothukudi. The committee may, if necessary, visit the site and consider ..

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National Mineral Exploration Policy

In July 2016, the Union Government had unveiled National Mineral Exploration Policy (NMEP), 2016 for adaptation of comprehensive exploration of non-fuel and non-coal mineral resources. Aims to bring together best of knowledge and experience, modern technology, trained manpower and financial resources on a collaborative platform. Uncover full mineral potential of the country in order to put the ..

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