The mining sector has pitched for freeing unused mineral land reserved for government-owned PSUs where no mining activity has commenced.
As per Rule 58 of Mineral Concession Rules 1960, a certain track of mineral bearing land was reserved for exclusive use of the state governments. By virtue of a notification, the governments could reserve lands for PSUs.
But instances where there is no trace of mining activity in the reserved lands has evoked resentment from the mining sector.
“Mineral Bearing land, reserved for PSUs for their exclusive use with no mining activity, ultimately leaves valuable resources stranded.
As per Rule 58 of Mineral Concession Rules 1960, a certain track of mineral bearing land was reserved for exclusive use of the state governments. By virtue of a notification, the governments could reserve lands for PSUs.
But instances where there is no trace of mining activity in the reserved lands has evoked resentment from the mining sector.
“Mineral Bearing land, reserved for PSUs for their exclusive use with no mining activity, ultimately leaves valuable resources stranded.