Mineral policy to be notified post central legislation: CM
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Last Updated: Thursday, December 08, 2011, 17:45
  
Panaji: Goa Chief Minister Digambar Kamat on Thursday told a gathering of mining industry players that the state mining policy would be notified only after Central government is through with its Mines and Minerals Development Regulation Bill 2011.

Kamat said that Goa Mineral Policy is already in a draft stage and is kept on hold awaiting the notification of MMDR Bill 2011.

There are some elements in MMDR Bill that would have to be embedded in the state policy," the Chief Minister said during the inauguration of two day conference on 'Sustainable Mining Practices,' organised by Federation of Indian chambers of Commerce and Industry (FICCI).

Goa government has framed draft state Mineral Policy, which has recommended Foreign Direct Investment (FDI) in the mining sector and also a proper environment management by having buffer zone between forest and mining leases.

The state is a major exporter of Iron Ore, especially to China. Through its 90-odd mining leases, the exports had touched 54 million metric tons mark last fiscal, which was half of India’s Iron ore exports.

Kamat hoped that the ongoing session of the Parliament would pass MMDR Bill, so that Goa can go ahead with notification of its own policy by making certain amendments.

"We will not put the policy for recommendations and suggestions again," he clarified.

"There are certain things like 100 per cent payment of royalty for social welfare and formation of district authority under MMDR 2011 Bill , which needs to be considered even in the state bill," he said.

The Chief Minister said that state government has put in place several regulatory mechanism so that the mining is checked.

He conceded that the mining and environment do not go together and hence mining companies are asked to ensure proper management policies.

"The mining has to be done with social obligations in mind. There is feeling that mining industry does not benefit the people, who reside in the place where extraction is done," Kamat said.

The conference on sustainable mining practices, which was inaugurated o Thursday, has union mines ministry officials, stakeholders and local government officials deliberating on long term objectives in the sector.

PTI


First Published: Thursday, December 08, 2011, 17:44


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