LOK SABHA
The Government received representation from some States Governments raising concerns interalia on the need to allow the State Government to give preference to value addition in grant of mineral concessions, policy on seamless transition, security of tenure, allow preferential treatment in grant of mineral concessions to PSUs, and for levy of royalty on ad valorem basis. These issues had been considered and appropriately addressed by the Government before the enunciation of National Mineral Policy, 2008.
Based on the policy guidelines enunciated in the new mineral policy and consultations with a task force consisting of representatives with Governments of chief mineral producing States, the Governments is deliberating amendments to the mining law.
This information was given by the Minister of Mines and Minister of Development of North Eastern Region, Shri B.K. Handique in a written reply to a question in the Lok Sabha today.
The Government received representation from some States Governments raising concerns interalia on the need to allow the State Government to give preference to value addition in grant of mineral concessions, policy on seamless transition, security of tenure, allow preferential treatment in grant of mineral concessions to PSUs, and for levy of royalty on ad valorem basis. These issues had been considered and appropriately addressed by the Government before the enunciation of National Mineral Policy, 2008.
Based on the policy guidelines enunciated in the new mineral policy and consultations with a task force consisting of representatives with Governments of chief mineral producing States, the Governments is deliberating amendments to the mining law.
This information was given by the Minister of Mines and Minister of Development of North Eastern Region, Shri B.K. Handique in a written reply to a question in the Lok Sabha today.
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