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On the other hand, Central government regulates the development of minerals under the Mines and Minerals (Regulation) Act of 1957. The MMTC has its origins in the 1950s, when the Indian government , with the interest of boosting agricultural and industrial development, determined to earn valuable foreign currency through the export of canalized ...
The mining industry in India is a major economic activity which contributes significantly to the economy of India.The gross domestic product (GDP) contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector, it contributes around 10% to 11%.
This lists of mines in India is subsidiary to the list of mines article, and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marbles and other quarries may be included in this list. In India, the underground mine to surface mine ratio is 20:80 [citation needed].
Uranium Corporation of India (UCIL) is a public sector undertaking (PSU), under the Department of Atomic Energy for uranium mining and processing. The corporation was founded in 1967 and is responsible for the mining and milling of uranium ore in India. [2] The firm operates mines at Jadugora, Bhatin, Narwapahar, Turamdih and Banduhurang [3]
NMDC Ltd. has taken over a silica sand mining and beneficiation project from Uttar Pradesh State Mineral Development Corporation Ltd. The plant is designed to produce beneficiated high purity silica sand to a capacity of 300,000 tonnes per year as the raw material for production of float/sheet glass.
Gujarat Mineral Development Corporation Limited (GMDC) is a major Indian state-owned minerals and lignite mining company based in Ahmedabad. [ 1 ] [ 2 ] GMDC was founded in 1963. Its product range includes essential energy minerals like lignite, base metals and industrial minerals like bauxite and fluorspar. [ 2 ]
Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer of zinc, lead, silver and cadmium.It is a subsidiary of Vedanta Limited. [4] Earlier it was a Central Public Sector Undertaking, sold by Government of India to Vedanta Limited when Atal Bihari Vajpayee and Bharatiya Janta Party Government was in power in the year 2003.
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