LOK SABHA
For conservation
and systematic developments of minerals, the Central Government
in term of Section 18 of the Mines and Minerals (Development
and Regulation) Act, 1957 have notified Mineral Conservation
and Development Rules, 1988 (MCDR). To promote exploitation
of mineral resources of the country, the exploration and exploitation
of all non-fuel and non-atomic minerals, as per the National
Mineral Policy, 1993, have been thrown open to private entrepreneurs.
Government is making all efforts to increase investment in the
mining sector by creating investor friendly climate and removing
bottlenecks to attract such investment.
This information
was given by the Minister for Mines, Shri Ramesh Bais in a written
reply in the Lok Sabha today.
