Moneycontrol PRO
UPCOMING EVENT:Attend Traders Carnival Live, 3 days 12 sessions. Early bird offer ending soon Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!

Need for increase in mineral exploration activities in eastern states, says Centre

The event was organised by the Ministry of Mines in collaboration with the GSI and the Mineral Exploration Corporation Ltd (MECL).

September 17, 2021 / 12:08 PM IST

The Centre has urged Odisha and its neighbouring states to explore untapped mineral resources in order to cater to rising demand and reduce import bills.


The mines departments and state PSUs have also been advised to actively participate in exploration activities and submit proposals for funding, an official release said. The Geological Survey of India (GSI) made a presentation on potential areas for mineral exploration in Odisha, West Bengal and Bihar and Jharkhand at a workshop in Bhubaneswar on Thursday, it said.


The event was organised by the Ministry of Mines in collaboration with the GSI and the Mineral Exploration Corporation Ltd (MECL).


“To meet the growing demand and to keep the import bill down, there is a need to increase exploration activities,” the release said.


The ministry of mines will extend all possible cooperation to state governments in this endeavour, it added.

Detailed presentations on project formulation, approval and execution mechanism through the National Mineral Exploration Trust were also made at the workshop.

PTI
first published: Sep 17, 2021 12:08 pm

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark