Government will support private miners, minister tells potential investors
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.
Imprints of the Populist Time By Ranabir Samaddar Orient BlackSwan, 352 pages, Rs. 1105 The crisis of liberal democracy in the neoliberal world—marked by massive l
Union minister of finance and corporate affairs Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament on Wednesday. The highlights of the Budget are as follows: PART A Per capita income has more than doubled to Rs 1.97 lakh in around
Union Budget 2023-24, presented by finance minister Nirmala Sitharaman in the Parliament on Wednesday, outlined the vision of Amrit Kaal which shall reflect an empowered and inclusive economy. “We envision a prosperous and inclusive India, in which the fruits of development reach all regions an
Former World Health Organisation (WHO) chief scientist Soumya Swaminathan takes charge as chairperson of M S Swaminathan Research Foundation (MSSRF) from February 1. Founded by her father, the legendary agricultural scientist M S Swaminathan, MSSRF was set up to accelerate the use of m
The digital revolution is being led by India. Digital governance is a key component of the government's ambition to transform India into a society where everyone has access to the internet. It includes both M-governance and E-governance, which are major methods for the delivery of services via mobile devic
Saundarya Lahari: Wave of Beauty Translated from the Sanskrit by Mani Rao HarperCollins, 218 pages, Rs 399 ‘Saundarya Lahari’, usually ascribed to Adi Shankaracharya, has a unique status among the religious-spiritual works of Hinduism.