Handique exhorts miners to invest in NE region

Government will support private miners, minister tells potential investors

sonal

Sonal Matharu | January 24, 2011



Inviting prospective investors to invest heavily in the mining industry of the north-east, development of north-eastern region (MDoNER) minister B K Handique said here on Sunday that there exists a huge potential for industries related to coal based power plants, coal based methane, granite, carbide and dimensional stones.

Keeping in mind the national environment policy, Handique called for sustainable mining exploration in the region and added that the ministry is ready to support private miners.

Speaking at the sixth Indian chamber of commerce business summit on north-east, the minister said, “Since minerals are bulk commodities, this sector generates huge trade and commerce for the economy.”

“The concept of geo-parks is developing very fast in the north-east. This integrated concept has huge implications for attracting geo-tourism. Since the north-east has ample geological resources, geo-tourism with fossil-park can become an important source of tourism revenue,” he added.

In a concurrent session on enhancing infrastructure in the north-eastern region, senior consultant from the department of environment & forests Ranjan Chatterjee emphasised on the role of private sector in fostering infrastructure growth in the region. He added that rail, road, air and water transport connectivity will have to be significantly enhanced in the north-east.

States like Assam, Meghalaya and Arunachal Pradesh are making rapid strides in sector like hydro-power, Chatterjee said, and he called for special powers to the Airport Authority of India (AAI), the Railway Board and the National Highway Authority of India (NHAI) for implementing the projects in the north-east fast.
 

Comments

 

Other News

The Cost of Obesity

The latest episode of Checks and Balances focuses on the ticking time bomb of obesity in India, and Geetanjali Minhas of Governance Now spoke with a panel of experts. You can watch the episode here: https://youtu.be/mH

US-Iran deal: Path to peace or prelude to deeper regional quagmire?

In the midst of deep mistrust, the US and Iran are reported to have reached a framework deal for ending the West Asian conflict. But whether it will result in any meaningful breakthrough or pave the way for any lasting peace in the region, is in the realm of speculation.   During

Lived life, philosophy, spirituality and other enigmas

The Ashes Are Warm: Memories of a Lifetime Spent with UG Krishnamurti By Mahesh Bhatt and Sunita Pant Bansal Rupa Publications, 384 pages, Rs 495  

In Varanasi, fringe expansion vs. core heritage

For centuries, the urban framework of Varanasi was defined not just by its relationship with the sacred Ganga but by its multifaceted network of urban commons. Historic kunds, seasonal talabs (ponds), and open maidans served as the city’s basic ecological infrastructure. Th

What ails India`s skill development ecosystem

India’s skill development programmes were designed with a goal to make the young population ready with market-required skills and competencies, and to provide them with better employment opportunities. Yet the outcomes have fallen short of that goal: though over 1.6 crore individuals were trained acr

Cabinet passes resolution applauding PM on term record

The Union Cabinet on Wednesday passed a resolution marking June 10, 2026, as a historic milestone in the journey of Indian democracy applauding Narendra Modi for becoming the longest-serving elected PM of the country. By establishing a record of 4,399 days of continuous service as an elected PM, he has s





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter