Policy for Captive Mining
Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Lok Sabha today in a written reply that a High level Committee set up in the Planning Commission under the Chairmanship of Shri Anwarul Hoda to review the National Mineral Policy, 1993, in its Report had recommended that Steel making capacities already in existence on 1st July 2006 that do not have captive mines may be given preferential allocation of adequate iron ore reserves within the state without the need to go through the process of tender/ auction, as a one-time measure to provide a level playing field. He futher informed that the Government had accepted the recommendation of the Hoda Committee, and suitable provisions to allow preferential weightages for existing units with finished products production capacity or with industrial capacity based on minerals have been provided in the Mines and Minerals (Development and Regulation) Bill, 2011, introduced in the Lok Sabha on 12.12.2011 and presently referred to the Standing Committee on Coal and Steel.
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