Goyal has earlier said after assuming charge of the mining ministry that Technology Can Change The Future of Mining In India
The ministry of mines has decided to give a major thrust to usage of drones or unmanned aerial vehicles (UAVs) to increase efficiency of India’s mining sector be it preparation and monitoring of mining plans, area inspection, production and exploration, dispatch and even checking and curbing the menace of illegal mining.
Sectors of Power, Coal and Mines Show Impressive Growth After Demonetisation
ower generation growth in November on y-o-y basis was 8.53% as against October when it was 1.27%. As against Electricity Generation of 85.904 billion units in Nov 2015, Nov 2016 witnessed a figure of 93.235 –a growth of 8.53%.
Union Minister Piyush Goyal is holding charge of four important economic ministries including Power, RE, Coal and Mines. After de-monetisation move, Goyal has also been helping the government on this front but his performance in the four sectors has clearly given him an edge over many others in the Modi government. Goyal already knows his priorities for the year ahead.
At EnergyInfraPost.com, while we have done an in-depth analysis of all the four sectors including power, RE, coal and mines, we in this article give you a quick sneak peek into the priority areas set by the minister for his four ministries during 2017.
The Modi government is determined to get rid of the menace of illegal mining of mineral resources in India, a major governance issue that it inherited from the previous Congress led UPA regime.
After introducing stringent penalties in the Mines and Minerals (Development and Regulation) Amendment Bill 2015, vetted by the Parliament on March 20, 2016, the government has finally put in place a fool proof satellite based monitoring system called the Mining Surveillance System (MSS) that will help the nation get rid of illegal mining. Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal launched MSS in New Delhi on October 15.
Secretary, Mines, Balvinder Kumar said that another 61 blocks have been identified and will be put on auction within this fiscal, thereby taking the total number of blocks being auctioned during 2016-17 to 98 blocks.
After the successful auctioning of 16 mines, the government will re-auction the 37 mineral blocks by the end of December this year as these blocks did not elicit a satisfactory response in the recently held auction process. These 37 mineral blocks are in the states of Andhra Pradesh, Jharkhand, Chhattisgarh, Rajasthan, Karnataka and Odisha.
Speedy clearances a must for increasing India's mineral production by 30-35% a year.
Cutting short the approval processes for speedy clearance of mining plans so as to increase mineral production by the targeted 30-35% every year, the ministry of mines in close co-ordination with its arm Indian Bureau of Mines (IBM) is ensuring that every plan gets cleared within 45 days. “Following a series of brainstorming sessions with Union Minister, Piyush Goyal, (who apart from his portfolios of power, renewable energy and coal has also been recently entrusted upon an additional charge of the mines ministry), the mines ministry is ensuring that the disposal of mining plan and review of the same should be done within a period of 45 days,” secretary mines, Balvinder Kumar told EnergyInfraPost.com.
The main objective of this system is to bring all mines to minimum 4- or 5-star rating in the shortest possible time. Everything is transparent and can be accessed in public domain. All mines in India should necessarily have a four-star rating and the government as a facilitator would help them reach the desired level.
The star rating system, that rates mines out of five stars, is a two-layered system based on a self-evaluation by the mine operator. The rating is based on various indicators including social, economic and environmental parameters and under the template developed by IBM, all these parameters carry certain weightage. Based on self evaluation, points are awarded to the party. Those getting above 90 marks on a scale of 100 will get 5-stars and those getting between 80-90 points get a 4-star rating. This system is aimed at creating a healthy competitive environment amongst mining companies as this system recognises good performers while encouraging others to compete and strive further for excellence
The contribution of Coal was the highest at Rs. 7423 crore (39%). Next in the order of importance were: Petroleum (crude) Rs. 5595 crore, Natural gas (utilized) Rs. 2122 crore, Iron ore Rs. 1968 crore, Limestone Rs. 545 crore and Lignite Rs.406 crore. These six minerals together contributed about 96% of the total value of mineral production in May 2016.