Piyush Goyal sets ambitious target for mining sector

Piyush Goyal sets ambitious target for mining sector

Piyush Goyal, the new mines minister has said his ministry will work towards increasing the share of the mines and minerals sector in the GDP by one per cent in the next 2-3 years.

“We will work on a growth of 30-35 per cent annually in terms of the volume of minerals mined, which would help us in increasing mining’s share in GDP by 1 per cent in 2-3 years,” Goyal said after assuming charge of the new ministry.

Goyal, who is in charge of ministries Power, Coal and New & Renewable Energy, was given the additional charge of the mines ministry by Prime Minister Narendra Modi. Narendra Singh Tomar, who was heading the mines ministry, has been shifted to the Rural Development Ministry.

At present, mining’s share in the country’s GDP is 2.4 per cent.

When asked about merger of the Coal and Mines Ministries, he said: “We will see that at an appropriate time. The Prime Minister and senior ministers will take a call on this. But, I must say this government works on synergy and is performance oriented.”

Goyal also said he will talk with the officials in the Mines Ministry on creating an app which will inform people about the status of the mines, the minerals extracted as well as on export and import of minerals.

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