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As per the provisions of the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957, State Governments are empowered to grant mining leases for all minerals. However, prior approval of the Central Government is required for granting mineral concessions in respect of minerals specified in Parts ‘B’ and ‘C’ of the First schedule to the MMDR …
Details of quantum of iron ore, chrome, manganese and coal deposits in Odisha is: Mineral Deposit (‘000 Tonnes) Iron ore 5930431 Chrome 190021 Manganese 190047 Coal 71447410 (Source: Ministry of Coal and Indian Bureau of Mines) Details of quantum of exploitation of iron ore, chrome, manganese and coal in Odisha during 2009-10 to 2011-12: Mineral Production (‘000 Tonnes) 2009-10 2010-11 2011-12 (P) …
The Government today tabled the Mid-Year Economic Analysis 2012-13 in both the Houses of Parliament. This is as per the provisions of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 which requires the review of quarterly trends in receipts and expenditure in relation to the budget. The mid-year economic analysis is the second quarterly …
There are three tea research institutes exclusively dedicated to scientific research and extension for improvement in productivity and quality of tea in the country. These are (1) Tocklai Experimental Station, Jorhat, Assam (2) United Planters’ Association of South India – Tea Research Foundation, Valparai, Tamil Nadu and (3) Darjeeling Tea Research and Development Centre, Kurseong, Darjeeling, West Bengal. The details of total funds allocated to …
Exports have always played an important role in the economic development of most countries. This is evident even in Indian case from the continuous upward movement of percentage share of merchandise exports in the overall GDP of India from 13.9 percent in 2009-10 to 16.0 percent in 2010-11 and 17.7 percent in 2011-12. As per the …
Details of exports of iron ore, coal, rare earth minerals, fruits and vegetables are given in Annexure. Iron ore surplus to domestic industry is being exported. Exports of iron ore have been predominantly constituted of iron ore fines. The domestic steel industry primarily consumes iron ore lumps as domestic consumption of fines is limited due to inadequate pelletization/ …
India-Bangladesh bilateral trade for last 3 years, including current year: (Value in US $ Million) Year Exports Imports Total Trade 2009-10 2433.77 254.66 2688.44 2010-11 3242.90 446.75 3689.66 2011-12 3789.20 584.64 4373.83 2012-13 (Apr-Oct) 2784.63 295.39 3080.02 Source-DGCIS India has reduced its Sensitive List for the Least Developed Countries (including Bangladesh) under the South Asian Free Trade …
In addition to the existing mines/coal bearing areas with Coal India Limited (CIL), Ministry of Coal in May 2012 has tentatively assigned 116 coal blocks to CIL. Further, three coal blocks viz. Brahmini, Chichro Pastimal and East of Damogoria from the de-allocated coal blocks have been assigned to CIL for undertaking mining. Coal India Limited …
The Government has identified 54 coal blocks with total Geological Reserves of about 18.22 Billion Tonnes (BT) and earmarked for allocation. Out of the above, 16 blocks with 7.27 BT reserves for Government companies, 16 blocks with 8.16 BT for power sector including Government companies and companies selected through tariff based bidding and 22 blocks with 2.79 BT …
The Government has allocated 218 coal blocks to various public and private sector companies in pursuance of Section 3 of the Coal Mines ( Nationalisation) Act, 1973. Out of the allocated blocks, 42 coal blocks have been de-allocated so far. Out of the 42 de-allocated blocks, 2 blocks have been allocated again. The coal blocks …