7-8 Per Cent Contribution Of Mining Sector In GDP Can Create 25 Million Jobs In India

7-8 Per Cent Contribution Of Mining Sector In GDP Can Create 25 Million Jobs In India

The development of natural resources dates back to about 50,000 years – in the Middle Paleolithic Chert mines of Nazlet Sabaha (or Safaha), a site on the western banks of the Nile River in Egypt. In India, Zinc mining dates back to over 3000 years in Rajasthan at Zawar.

India produces 87 minerals which include 4 fuel minerals, 10 metallic minerals, 47 non-metallic minerals, 3 atomic minerals and 23 minor minerals.

Mining was important in the ancient times and mining is important today and for the future survival of mankind. Development of natural resources is essential for sustaining economies as it gives birth to industrial development, ancillary industries, employment generation and prosperity. Employment generation is a key result but the end result is eradication of poverty. Read More…

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