NEW DELHI (Reuters) - India's cabinet on Wednesday cleared a new mineral exploration policy that will allow private companies to carry out stand-alone exploration for the first time, a government source said.
India is keen to get private firms to start exploring for more minerals like diamonds and gold, where current mining is negligible, as part of Prime Minister Narendra Modi's ambition to make the country a major mineral producer.
(Reporting by Nigam Prusty; Writing by Tommy Wilkes; Editing by Krishna N. Das)