<span style="color: #222222;">Minister of Coal and Mines Pralhad Joshi will address the National Conclave on Mines and Minerals in New Delhi on Tuesday. Various stakeholders of the mining sector from across the country will participate in the conclave and hold strategic discussions on key issues and opportunities in the mining sector to bring in higher growth and facilitate the Ease of Doing Business.<br />'' <br />'' The 5th National Conclave on Mines and Minerals will have many significant segments that will encourage exploration activities, auction regime and sustainable mining practices in the country. Award ceremony for 5-star rated mines for note-worthy performance will be another highlight of the one day conclave. On the occasion, 52 potential mineral blocks carved out of G-4 stage mineral investigations will be handed over to the State Governments.<br />'' <br />'' The blocks are located across 15 states including two blocks of North Eastern States, six of Chattisgarh, eight blocks in Madhya Pradesh and six blocks in Maharashtra. These comprise many minerals and deposits for supporting various industries such as eight limestone blocks, eight gold blocks, eight iron ore blocks among other minerals.&nbsp; Auctioning of these blocks, along with the 100 blocks recently handed over in September this year will further strengthen the mineral economy of the country.<br />'' <br />'' During the conclave, Mr Joshi will launch the online portal for accreditation of agencies in mineral sector to enable private exploration entities to accredit themselves through transparent and paperless process. Ministry of Mines has developed an accreditation scheme through QCI-NABET. The Centre has recently allowed participation of private parties in exploration by amending the MMDR Act to increase the pace of exploration and to bring in advanced technology in mineral exploration.<br />'' <br />'' Reimbursement of Transaction Adviser fee at 10 lakh rupees per successful auction to State Governments from NMET Fund for successful auctioning of mineral blocks during current financial year will also be held during the conclave. Technical sessions will be organized where panel discussions on recent amendments in the mining legislation to ease the process of auction of mineral blocks and on the initiatives taken for mineral exploration in the country as well as utilization of Nation Mineral Exploration Trust funding will be held.<br />''<br />''The conclave will provide unique opportunity to the State Governments to showcase their auctionable mineral blocks with regard to its exploration, mineral resources, transport connectivity from mineral block, policy scenario in state and incentives to attract prospective investors. It will also provide the right opportunity to &nbsp;investors to identify the mineral blocks and participate in the auction. The participation of the industry and other stakeholders in the earlier conclaves was kept free of charge for increased participation and the same will be continued in this conclave also.&nbsp;</span>''<hr /><br />
News On AIR | November 20, 2021 1:59 PM
Union Minister Pralhad Joshi to address National Conclave on Mines, Minerals in New Delhi on Nov 23