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 ..
Mining in India: GK, Current Affairs, Questions, Trivia and News
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 ..
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 ..
Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) has been launched in September 2015 for the welfare of tribals and other affected persons in mining areas. Under this scheme, the mining companies will need to contribute 10 to 30% of royalty for welfare of people directly or indirectly affected by mining. Background This scheme is a follow ..