National Mineral Policy 2006 - Department of Mines
National Mineral Policy 2006 - Department of Mines National Mineral Policy 2006 - Department of Mines
would have to be carefully drafted in order to reflect these ideas, the Committeeagreed to the following specific textual changes in the NMP to embody some of them:(i)Chapter 1: Preambleo In paragraph 1.2, delete the first sentence. Also delete the words ‘in times ofinternational strife’ at the end of the third sentence and add the following textas the fourth sentence:‘At the same time, it is essential that search is made in the country for moremineral resources through scientific exploration using state-of-the-art techniques,and for this the policy environment must continue to be improved so that it isconducive for investment and technology flows.’(ii)Chapter 2: Regulation of Mineralso Add the following text as paragraph 2.3:‘In order to make the regulatory environment conducive to private investment theprocedures for grant of mineral concessions shall be seamless and security oftenure shall be guaranteed to the concessionaires.’(iii)Chapter 3: Objectiveso Replace 3(c) by the following: ‘to promote use of state-of-the-art explorationtechniques and mining technology’.(iv)Chapter 4: Role of the State in Mineral Developmento Insert the following sentence at the end of the existing text:‘In line with the current economic policy, in future the core functions of the Statein mining will be facilitation of exploration and mining activities of investors andentrepreneurs, provision of infrastructure, and regulation and tax collection.184
Where it is deemed necessary for the State to continue in mining activities, thereshall be arm’s length between State agencies that explore and mine and those thatregulate. There shall be transparency in the allocation of ore bodies for mining.’(v)Chapter 5: Survey and Explorationo Replace the last sentence of paragraph 5.1 by the following:‘While these government agencies may continue to perform the tasks assigned tothem for exploration and survey, in future the private sector would be the mainsource of investment in reconnaissance and exploration. For this to beaccomplished, the regulatory regime would ensure clarity, fair play and security ofinvestment.’o In paragraph 5.2, insert the words ‘by government agencies’ after the word‘given’ so that the paragraph reads as follows:‘In conducting exploration for minerals, special attention will be given bygovernment agencies to the development of strategic minerals through systematicinvestigation of various potential sources of their supply.’o Delete paragraph 5.3.o In paragraph 5.4, add the words ‘by government agencies’ after the words‘Coordination of exploration work’. Also redraft the last sentence as follows:‘The existing arrangement shall be reviewed periodically with a view to bringingabout coordination among the survey and exploration agencies of the government,taking into account the exploration work undertaken by the private sector.’(vi)Chapter 6: National Inventory of Mineral Resourceso After the first sentence in paragraph 6.1, replace the remaining text by thefollowing:185
- Page 144 and 145: e worked out. This should be string
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- Page 148 and 149: Table 7.2: Minimum Listing Requirem
- Page 150 and 151: (ii)(iii)only. Such funds have not
- Page 152 and 153: addition, the minimum post-issue fa
- Page 154 and 155: and hence this ore should be conser
- Page 156 and 157: miners distort the market for their
- Page 158 and 159: 7.22 The current law does not make
- Page 160 and 161: is mostly of low grade magnetite. H
- Page 162 and 163: Most magnetite findings are entirel
- Page 164 and 165: in UK 206 kg, and in China it grew
- Page 166 and 167: metres. The use of down hole drill
- Page 168 and 169: 7.42 Despite the fact that SME mini
- Page 170 and 171: also be a consideration. However, t
- Page 172 and 173: price, reduce profitability, and pu
- Page 174 and 175: IMPACT ON DOMESTIC IRON ORE PRICES
- Page 176 and 177: 7.58 Export of iron ore fines on a
- Page 178 and 179: POLICY ON BEACH SAND MINERALS7.64 B
- Page 180 and 181: not contain more than 0.1 per cent
- Page 182 and 183: 7.73 On 18 January 2006, the DAE no
- Page 184 and 185: with the Centre is mainly to ensure
- Page 186 and 187: India enterprise) reported that the
- Page 188 and 189: chloride process pigment technology
- Page 190 and 191: are disposed of in the mined-out ar
- Page 192 and 193: directed to ensure that the AERB/AM
- Page 196 and 197: ‘In coordination with the Geologi
- Page 198 and 199: Exploration Licences• The current
- Page 200 and 201: • The fees should be significantl
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- Page 204 and 205: automatic until the exhaustion of t
- Page 206 and 207: y stating in the MMDR Act that a pr
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- Page 210 and 211: therefore (under Rule 63A), pass su
- Page 212 and 213: • Section 12(1) of the MMDR Act s
- Page 214 and 215: o The lessee should not be asked to
- Page 216 and 217: again and the State Mines Departmen
- Page 218 and 219: • As in the past, no environmenta
- Page 220 and 221: oad and rail, and lack of long-term
- Page 222 and 223: government to the applicants who ar
- Page 224 and 225: next three-year period as well. In
- Page 226 and 227: • Rates of dead rent should be ra
- Page 228 and 229: measure to provide a level playing
- Page 230 and 231: • In respect of three titanium be
- Page 232 and 233: No-I&M-25(3)/2005Government of Indi
- Page 234 and 235: No-I&M-25(3)/2005Planning Commissio
- Page 236 and 237: ‘Efforts would also be made to gr
- Page 238 and 239: ecommending amendments to the Act a
- Page 240 and 241: etained as a Prescribed Substance u
- Page 242 and 243: OthersShri Arvind VarmaEx-Secretary
Where it is deemed necessary for the State to continue in mining activities, thereshall be arm’s length between State agencies that explore and mine and those thatregulate. There shall be transparency in the allocation <strong>of</strong> ore bodies for mining.’(v)Chapter 5: Survey and Explorationo Replace the last sentence <strong>of</strong> paragraph 5.1 by the following:‘While these government agencies may continue to perform the tasks assigned tothem for exploration and survey, in future the private sector would be the mainsource <strong>of</strong> investment in reconnaissance and exploration. For this to beaccomplished, the regulatory regime would ensure clarity, fair play and security <strong>of</strong>investment.’o In paragraph 5.2, insert the words ‘by government agencies’ after the word‘given’ so that the paragraph reads as follows:‘In conducting exploration for minerals, special attention will be given bygovernment agencies to the development <strong>of</strong> strategic minerals through systematicinvestigation <strong>of</strong> various potential sources <strong>of</strong> their supply.’o Delete paragraph 5.3.o In paragraph 5.4, add the words ‘by government agencies’ after the words‘Coordination <strong>of</strong> exploration work’. Also redraft the last sentence as follows:‘The existing arrangement shall be reviewed periodically with a view to bringingabout coordination among the survey and exploration agencies <strong>of</strong> the government,taking into account the exploration work undertaken by the private sector.’(vi)Chapter 6: <strong>National</strong> Inventory <strong>of</strong> <strong>Mineral</strong> Resourceso After the first sentence in paragraph 6.1, replace the remaining text by thefollowing:185
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