Secretary Mines Discusses proposed MMDR Act with FIMI
The Secretary, Ministry of Mines, Smt. Santha Sheela Nair and Special Secretary (Mines) Shri S. Vijay Kumar, addressed representatives of the mineral industry during the Federation of Indian Mineral Industries (FIMI) Committees Meeting here recently. The provisions of the proposed new Mines and Minerals (Development & Regulation) Act were discussed in detail with regard to the streamlining of the concession procedures, developing investor confidence, ensuring scientific mining within a sustainable development framework and facilitating stakeholder participation through consultation with the local community at all stages of the exploration and mining. The provisions for sharing of profits from mining operations with local communities were also discussed in detail.
The Secretary, Ministry of Mines, Smt. Santha Sheela Nair and Special Secretary (Mines) Shri S. Vijay Kumar, addressed representatives of the mineral industry during the Federation of Indian Mineral Industries (FIMI) Committees Meeting here recently. The provisions of the proposed new Mines and Minerals (Development & Regulation) Act were discussed in detail with regard to the streamlining of the concession procedures, developing investor confidence, ensuring scientific mining within a sustainable development framework and facilitating stakeholder participation through consultation with the local community at all stages of the exploration and mining. The provisions for sharing of profits from mining operations with local communities were also discussed in detail.
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