PM Modi reviews performance of key infrastructure sectors of Energy, Mining
Prime Minister Narendra Modi on Tuesday reviewed the progress of key infrastructure sectors of power, renewable energy, petroleum and natural gas, coal, and mining.
Illegal Mining In Gonda Has Caused Royalty Loss Of Rs 93.04 Cr: Panel Tells NGT
Illegal mining in Gonda district of Uttar Pradesh has caused a loss of royalty of Rs 93.04 crore to the state government, the National Green Tribunal has been told by a committee constituted by it.
How mining fund is fuelling development in tribal areas
India’s 150 poorest but mineral-rich districts could get a major facelift in the next one year, coinciding with the 2019 general elections, provided the state governments are able to spend over ~18,800 crore they have from mining companies under the district mining fund.
India Seeks Gold, Diamond Mining Rights In Russia
India is seeking rights to mine for gold and diamonds in Russia’s resource-rich Far East, Trade Minister Suresh Prabhu told Reuters on Tuesday.
Industrial Production Slows To A Five Month Low Of 4.4% In March
Industrial output grew by 4.4 per cent in March, the slowest in five months, due to a fall in capital goods production and deceleration in mining activity, according to the official data.
Centre To Get Rs 8,044 Cr As Dividend From CIL
The Central government is expected to get Rs 8,044 crore as interim dividend from state-owned Coal India Ltd for the fiscal year 2017-18.
Commercial Coal Mining Can Cut Import Bill By Rs 30,000 Crore: Crisil
Centre’s move to allow private sector to commercially mine coal will boost both production and mining efficiency.
India’s Outback Coal Bets Sour As Global Prices Recover
Australian mining legend Lang Hancock’s dream four decades ago of exporting coal from the country’s remote Galilee Basin is becoming a nightmare for two Indian conglomerates.
Only 10 Mining Leases Start Operations In Goa Post-Monsoon
After the end of the monsoon season, iron ore extraction activity has started in Goa but the pace has been slow.
New National Mineral Policy: Steel Ministry pins transport infrastructure, high royalty as focus points
Slashing the royalty rates charged on mineral production; discouraging road transport of minerals and increasing the share of rail transportation
