IANS | 07 May, 2024
The Ministry of Mines in collaboration with the Indian Institute of
Technology – Indian School of Mines (IIT-ISM), Dhanbad will organise a
one-day workshop here on Wednesday to discuss the draft framework of the
State Mining Index, envisaged to capture mining sector performance of
States.
The Secretary, Ministry of Mines, V. L. Kantha Rao, will chair
the workshop, in which senior state government officials have been
invited to participate. The feedback from States at the workshop will
help in finalising the framework, according to an official statement
issued on Tuesday.
The mining sector is at the forefront of
numerous value chains, supplying raw materials to key industrial domains
such as steel, non-ferrous metals, cement, fertilisers, chemicals, and
electronics. The states have a crucial role to play in the development
of the country’s mining sector.
For a mining sector vision that
prioritises resource use efficiency with equity, sustainability and
responsibility, focused attention is required on the exploration of
India’s geography; taking actions for facilitating future mineral
production and working for the interest and benefit of persons and areas
affected by mining related operations, the statement said.
A
state mining index has been envisaged to capture the mining sector
performance as well as states’ future readiness in mining activity. The
ambit of the index will be non-fuel major minerals and minor minerals.
The
Ministry of Mines has commissioned IIT-ISM, Dhanbad to conduct a study
for designing the framework, collecting data and formulating the index,
the statement added.