Government likely to soon finalise framework for state mining index: Mines secretary
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Mines secretary V L Kantha Rao has said that the government is likely to soon finalise a framework for a state mining index. He said the index would serve as a tool for stakeholders of the mining sector to understand different aspects related to the ease of doing mining business within a state.
The secretary has stated that a state mining index would boost cooperative federalism as well as competition among states. He also made a plea to states to help in data collection efforts by properly submitting the statistical returns in time.
He said principal secretaries, directors and other officials from 26 states participated in a day-long workshop on State Mining Index to discuss and finalise the indicators and sub-indicators of performance which form part of the index framework and methodology. He also said post consultations and feedback from states, a framework of the state mining index will be finalized and released in July 2024 for actual ranking to take place in April next year.
.jpg)
