Govt to review 2019 mineral policy amid new sector priorities
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Mines Ministry will form a panel to review the National Mineral Policy, 2019, to meet new sector priorities.
- ✓The nine-member committee will focus on critical minerals and deep-sea resources.
- ✓Experts said, "The revised policy should provide a forward-looking framework for unlocking India's mineral potential," and suggest changes within two months.
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- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The Mines Ministry will form a panel to review the policy in light of recent developments and emerging needs, sources said
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 sources.
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 sources said.
The nine-member committee will be chaired by the Additional Secretary in the Mines Ministry, they said.
The panel has been tasked with reviewing the National Mineral Policy, 2019, in view of developments in the mineral sector since its formulation, identifying provisions that need modification, and recommending a comprehensive revision of the policy.
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