Mr BK Handique the minister of mines and minister of Development of North Eastern Region in a written reply to a question in the Lok Sabha said that the Government received representation from some States Governments raising concerns inter alias 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.
He said that “These issues had been considered and appropriately addressed by the Government before the enunciation of national mineral policy, 2008.”
He added that “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
Sourse From: http://www.steelguru.com/news/index/2009/07/23/MTAzMzgx/Review_of_new_national_mineral_policy.html
Wednesday, July 22, 2009
Review of new national mineral policy
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