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Union Home and Cooperation Minister Shri Amit Shah addressed the 6th ‘National Seminar

Union Home and Cooperation Minister Shri Amit Shah addressed the 6th ‘National Seminar on Mines and Minerals’ in New Delhi

Since Shri Narendra Modi became the Prime Minister in 2014 till today the Modi Government has always considered the Mines, Minerals and Coal Sector as a priority sector

The development of the country is not possible without proper policy making for the mining sector

After becoming the Prime Minister, giving priority to this sector, Shri Modi has made many successful policy reforms to make India self-reliant in the coal sector and the fastest growing economy of the world

Corruption had deepened its roots in the coal sector for decades, there were court cases regarding allocation in the earlier governments, CAG raised questions and many allocations had to be canceled

Instead of first come, first serve policy of 2014, Modi government arranged auction for coal block allocation

There is competition in the mining sector due to the policies of the Modi government, we have made the allocation process transparent and huge investment has also drawn into the coal and mines sector

The Modi government has brought transparency, removed barriers and also taken care of environmental concerns related to the coal sector while formulating policy

Minerals are the nation’s property and should be used to give impetus to the country’s economy in a transparent manner, thus they should be auctioned.

Big changes have taken place in this sector under the leadership of Shri Modi by introducing competition which have brought results

The sole purpose of the formulation of policies, reforms and changes for the coal sector by the Narendra Modi government was that India should become self-reliant in the mines, minerals and coal sector and these sectors should become a strong pillar of our economy

The Modi government has created proper infrastructure for mineral resources extracted within the country to be processed into the end products and exported from India to other markets of the world

Coal production was 566 million tonnes in 2013-14, which reached 777 million tonnes in 2021-22

Mining sector is the largest employment generating sector after tourism and aviation sector

I want to tell industrialists associated with the mining sector, that time has come to change scale, not just the size of their companies. Shri Modi has opened up immense possibilities for you in the coal sector

By establishing the District Mineral Fund (DMF),Shri Modi has given rights to those living in mining areas. This will lead to inclusive development of those areas. So far more than ₹ 63,800 crore have been given under DMF

JULY 12, 2022

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Union Home and Cooperation Minister Shri Amit Shah addressed the 6th ‘National Seminar on Mines and Minerals’ in New Delhi today. Many dignitaries including Union Minister of Mines, Coal and Parliamentary Affairs Shri Pralhad Joshi and Union Minister of State for Mines, Coal and Railways, Raosaheb Patil Danve were present in the program.

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In his address on the occasion, the Union Home Minister said that the Mines, Minerals and Coal sector has a huge contribution in the economic development of the country. The development of any country cannot be imagined without proper policies for its mines and minerals. That is why from the time Shri Narendra Modi became the Prime Minister in 2014 till today, the government led by Shri Narendra Modi has always considered it a priority area. The Government of India has worked to bring transparency, remove barriers and open it up to the private sector in many ways, as well as taking into account the environmental concerns related to it while formulating the policy for this sector. He said that if the minerals extracted from the land are not used for multiple purposes and are not used to increase industrial activity and exports of the country, then it will be an activity for personal gain. Under the leadership of Prime Minister Shri Narendra Modi, the Central Government has formulated policies in such a way that with these reforms and changes, India becomes self-reliant in the mines, minerals and coal sector and these sectors become a strong pillar of our economy.

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Shri Amit Shah said that since decades corruption in the coal sector had deepened its roots, there were court cases regarding allocations during earlier governments, CAG raised questions and many allocations had to be cancelled. He said that minerals are the nation’s property and its auction should be conducted in such a way that the minerals can be used in a transparent manner to give impetus to the country’s economy. Not only revenue, but also the purpose of their use should be looked into and small and medium businessmen should have a chance to increase the scale of their business, only then will there be competition and results will be available. Incorporating all these aspects, a big change took place in this sector under the leadership of Prime Minister Modi, which has yielded very good results. He said that on the basis of an estimate, if there is an increase of one percent in the mine area, then there is an increase of two and a half percent in our industrial production and that is why it should be a priority sector. Employment is of great importance in our country with a population of 130 crore and this is a sector in which one direct job creates ten indirect jobs. Shri Shah said that the mining and minerals sector is the largest employment generating sector after aviation and tourism.

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