Zee Business Exclusive: Mines ministry unveils ambitious plans in high-stake meeting with PMO
At the heart of these transformative initiatives lies a concerted effort to auction 20 new blocks of critical minerals, complemented by plans for 10 shore mining blocks.
In a groundbreaking revelation, Zee Business has secured exclusive insights into the Ministry of Mines' visionary agenda for the first 100 days under Modi 3.0. The ministry is gearing up to dispel any prevailing misconceptions while laying out a comprehensive roadmap for the sector's revitalisation.
At the heart of these transformative initiatives lies a concerted effort to auction 20 new blocks of critical minerals, complemented by plans for 10 shore mining blocks.
However, the pièce de résistance of this strategic overhaul is the imminent agreement under the Free Trade Agreement (FTA) with Chile, specifically targeting critical mineral blocks.
In a bold move aimed at bolstering operational efficiency and fostering sustainable practices, the Mines Ministry is poised to introduce a pioneering policy framework dedicated to critical minerals.
This initiative underscores the government's unwavering commitment to modernising the sector while prioritising responsible resource management.
Friday's pivotal meeting with the Prime Minister's Office (PMO) serves as a testament to the government's proactive stance in harnessing the mining sector's potential for economic growth and resource security.
However, the spotlight undoubtedly shines on the forthcoming critical minerals policy, poised to redefine India's approach to strategic resource utilisation.
As the nation embarks on this transformative journey to fortify its mineral resource base, these proactive measures herald a new era of strategic resource management and sustainable development under the dynamic leadership of Modi 3.0.
Stay tuned as we bring you the latest updates on this momentous development.
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