Review of 2019 mineral policy on cards amid new priorities


    Review of 2019 mineral policy on cards amid new priorities
    The panel has been asked to submit its recommendations within two months of its constitution. (File photo)

    NEW DELHI: The Centre is set to review the National Mineral Policy, 2019, to align it with evolving sector demands, focusing on key priorities such as critical minerals, recycling, and deep-sea resources, according to people in the know.The mines ministry has decided to constitute a panel to undertake a comprehensive review of the policy in the light of recent developments and emerging requirements. The nine-member committee will be chaired by the additional secretary in the mines ministry, they said. The panel has been asked to submit its recommendations within two months of its constitution.The National Mineral Policy, 2019, was approved by the Union cabinet chaired by Prime Minister Narendra Modi. It was aimed at ensuring more effective regulation and sustainable development of the mining sector, and addressing the concerns of project-affected persons, particularly those living in tribal areas.The policy sought to create a more effective, meaningful and implementable framework by bringing in greater transparency, better regulation and enforcement, balanced social and economic growth, and sustainable mining practices. It also included provisions to boost the mining sector, such as measures to encourage exploration, attract private investment, promote ease of doing business and ensure sustainable mining.



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