Indian Mining Sector is open for business, mentioned Shri Narendra Singh Tomar, Union Minister of Steel & Mines, while addressing the India Day session at the Mining Indaba, South Africa on11.2.15. He highlighted the changes in the new legislation brought in by Indian government, where all mining concessions are now to be granted through the auction route, making it a transparent and fair process eliminating the chances of discretion or bias, while reducing delays. He also invited companies to invest in the mining sector of the country which is on course of taking off on a higher growth path. The session elicited considerable interest amongst participants who enthusiastically participated in the interactive session, which followed a short film and a presentation, outlining the overview of the Indian mining sector.
Explore Business Standard