BW Businessworld

Mines Minster Wants No Laws To Prevent Mining

The centre is favourably evaluating proposals seeking a legislative solution that can resume mining in Goa and Odisha. Despite a sharp fall in Goa's iron ore exports, India's largest iron ore exporting state, the country's total iron ore (including pellets) trade volumes during April-December 2017 have moved up 1.36 per cent on year-on-year basis.

1485955063_HKw2Ii_Mining_Jharkhand_PTI.jpg

“With regard to the cases in Goa and Odisha, the centre is not in disagreement with miners and wants that there are no losses to the mining sector. The centre is also of the opinion that there should be no laws that prevent mining in the future,” said Minister of Mines, Narendra Singh Tomar.

Tomar was speaking at the inaugural session of the 52nd Annual General Meeting of the Federation of Indian Mineral Industries (FIMI) “There is a need should be an easing of norms for mining in the country. The centre and state governments should proactively come to the aid of miners that face any difficulties during operations,” he added.

As per the Indian Port Association (IPA) data, India's total iron ore trade volumes during the nine-month period stood at 33.46 million tonne up from 33.01 million in the corresponding period last year. 

The Event was organised by Federation of Indian Mineral Industries (FIMI) who were established in the year 1966 is an all-India apex body to promote the interests of all mining (including coal), mineral processing, metal making and other mineral-based industries and to attend to the problems faced by them in lease grants, renewals, tenures, production, taxation, trade, exports, labour, etc. FIMI envelopes in its fold mining, mineral processing, metal making, cement, coal and other mineral-derived industries as well as granite, stone, marble and slate industries – private, joint and public sectors – of the country. It has more than 400 direct members and 25 regional associations which represent local small mining units in the country.