Topic: Mining
What is Indian Bureau of Mines?
The Indian Bureau of Mines (IBM) recently celebrated its 75th Foundation Day. It was founded in 1948 as a governmental institution responsible for multiple disciplines like conservation, scientific...
Europe’s Largest Deposit of Rare Earths Discovered in Sweden
Europe’s largest deposit of rare earths, which are used in everything from mobile phones to missiles, has been found in Sweden. The discovery is being hailed as a...
NSO First revised FY21 GDP estimates
The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%. Earlier, the GDP...
Annual Report of Environment Ministry
The Ministry of Environment, Forest and Climate Change has released the Annual Report 2019-20. Highlights The report says that around 11,467 hectares of forest lands have been diverted...
Project Monitoring Unit launched by Ministry of Coal
The Ministry of Coal recently launched a project monitoring unit to facilitate early operationalization of coal mines that were allocated by the central government. The aim of launching...
Unemployment Rate in India has increased to 23% due to Lock Down
The Centre for Monitoring Indian Economy (CMIE) recently released a survey on the current unemployment situation in India. According to the survey, more than 20% of Indian Economy...
Odisha Mining Activity greatly affected due to COVID-19; 21 mines interrupted
With the COVID-19 spreading at faster rate in the country, GoI had extended the statutory permits of mines for smooth transition. In spite of this, several mines in...Saranda Mining Ban
The Union Ministry of Environment, Forest and Climate Change constituted a committee to reassess the ban imposed on mining in the Saranda region of Jharkhand. Saranda Forests The... Mineral Law Amendment Bill passed in Lok Sabha
On March 6, 2020, the Lok Sabha passed Mineral Laws (Amendment) bill, 2020. The bill aims to amend Mines and Minerals (Development and Regulation) act, 1957 and also...
Ministry of Coal forms Sustainable Development Cell
On December 15, 2019, the Coal Ministry announced that it is to establish “Sustainable Development Cell” (SDC) to promote environment friendly and sustainable coal mining. The main objective...
Cabinet approves loan waiver of worth Rs.4 Cr against Sikkim Mining Corporation
Cabinet Committee on Economic Affairs (CCEA) has approved waiver of repayment of loan and interest thereon, of nearly worth Rs.4 crore outstanding against Sikkim Mining Corporation (SMC) including...
