National Mineral Policy 2006 - Department of Mines

‘A thrust is to be given to exploitation of mineral resources in which the country iswell endowed so that the needs of domestic industry are fully met, keeping in mindpresent and future needs, while at the same time exploiting the external markets forthe minerals.’Mining Equipment and Machinery• Replace the existing text of paragraph 7.6 by the following:‘Use of equipment and machinery that improve the efficiency, productivity, andeconomics of mining operations and safety and health of the persons in the mines andsurrounding areas shall be encouraged.’Linkages• Replace the first two sentences of paragraph 7.8 by the following:‘Mining contributes to the generation of wealth and creation of employmentindependently and should therefore be treated as an economic activity in its own rightand not merely as an ancillary activity of the manufacturing industry. Domesticprocessing industry receives supplies of mineral resources produced by the miningindustry at market prices prevailing from time to time. In order to be assured ofuninterrupted supply of the mineral raw material from domestic sources, the userindustry should develop long-term linkages with the mineral producing units.’Infrastructural Facilities and Regional Development• Insert a new sub-paragraph in paragraph 7.10 to read as follows:‘For the improvement of infrastructural facilities, particularly transport facilities, inmining areas, financial resources available with government should be leveraged tothe maximum extent possible through recourse to public–private partnershiparrangements, wherever possible.’Financial Support for Mining• In paragraph 7.11, replace the first sentence of the second sub-paragraph by thefollowing:24