Center urges Odisha to mine mineral resources with NEMT funds – The New Indian Express

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Through Express news service

BHUBANEWAR: The Ministry of Mines on Thursday urged four mineral-rich states in eastern India, including Odisha, to plan exploration activities in a way that creates a huge impact in the mining sector. Ensuring the Centre’s cooperation, the Deputy Secretary of the Ministry of Mines, UC Joshi called on the states of Bihar, Jharkhand, West Bengal and Odisha to use the services of Notified Exploration Agencies (NEA) for the unexploited mineral resources.

He said the National Mineral Exploration Trust (NMET) has provided a huge opportunity for state governments to mine their mineral resources by undertaking exploration activities through NEAs and using the NMET funds available for this purpose. The Ministry of Mines, in collaboration with Geological Survey of India (GSI) and Mineral Exploration Corporation Ltd (MECL), organized a workshop here on NMET’s mineral exploration initiatives for the benefit of the State Departments of Mines and the geology and state mining development corporations of the four states. .

TCC Director General and Additional Chairman, NMET, Janardha Prasad, pointed out that despite having rich mineral resources, India imports huge amounts of minerals. The country’s mineral needs are expected to increase with an increase in the share of the manufacturing sector. “In order to meet the increased demand and reduce the import bill, there is an urgent need to increase exploration activities, for which there is no shortage of funds,” he said. State DGMs and PSUs have been invited to actively participate in exploration activities and submit exploration proposals for NMET funding.

The workshop chaired by Principal Secretary, Steel and Mines, DK Singh and Joshi served as a platform for sharing ideas to improve mineral exploration which is fundamental for the growth of the mining sector.
General Manager of Odisha Mining Corporation and Odisha Mineral Exploration Corporation, Balwant Singh, spoke about exploration activities in the state. GSI made a presentation on potential mining exploration areas in Bihar, Jharkhand, West Bengal and Odisha.


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