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Raj Govt to auction 400 small size mining leases in 2015

By Religare
|

The Rajasthan Government has decided to auction about 400 small size mining leases of minerals like granite, marble and quartz in 2015 as it looks to expand its area under mining as well as increase revenue, PTI reported.

As per PTI report, Rajasthan, which accounts for 9 per cent of total mineral production in the country, is exploring the possibility of joint ventures (JV) with multi-national companies (MNCs) to expand the land under mining from 0.54 per cent to 1.5 per cent with focus on 22 unexploited minerals.

 

Commenting on the development, Rajasthan Principal Secretary Mines Ashok Singhvi told the media, "The State government is likely to put about 400 small size (4 hectare and above) mining leases of mineral Granite, Marble, Quartz and Feldspar for re-auction in the current calendar year."

The Rajasthan Government is also aiming to enhance exploration of mineral wealth with the help of in-house facilities available and outsourcing other modern techniques through private participation.

Story first published: Friday, June 12, 2015, 12:30 [IST]
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