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NEW DELHI: In view of falling mining output, the Setting up Commission asked ministries concerned to acquire their act with each other to increase mineral manufacturing since the sector can garner $30 billion and support minimize the present account deficit. http://www.rockprocessing.net/solutions/mobile-washer-dryer.html
The Commission reviewed the effectiveness with the mining sector inside a high-level meeting, chaired by Arranging Minister Rajeev Shukla. Major officials from ministries concerned attended the meeting.
"We mentioned problems related to the mining sector and asked ministries concerned to get their act together to enhance the manufacturing," Shukla advised reporters following the meeting.
"The Commission has asked them to carry out the needful to eliminate the impediments towards the mining sector since it could enable garner more than $30 billion and bridge the present account deficit," he additional.
Latest account deficit (CAD) could be the variation in between inflow and outflow of foreign exchange. While in the 2012-13, CAD was at all-time high of four.eight per cent of GDP or $88.two billion. The government had proposed to deliver it right down to $70 billion or 3.eight per cent with the GDP this 12 months. It can be now pegging the deficit at all over $60 billion in 2013-14. http://www.rockprocessing.net/solutions/mobile-processing-supplier.html Representatives of ministries of environment & forest, and mines attended the meeting. Also, representatives on the Department of Land Resources under the Ministry of Rural Development, the Archaeological Survey of India, the Atomic Energy Commission participated inside the meeting.
The Federation of Indian Mineral Industries (FEMI) also made a presentation on problems being faced by the sector.
Shukla said there are in excess of 65,000 mining applications pending with state governments, including Odisha, Rajasthan, Chhattisgarh, Maharashtra, Karnataka and Haryana.
The Commission reviewed the effectiveness with the mining sector inside a high-level meeting, chaired by Arranging Minister Rajeev Shukla. Major officials from ministries concerned attended the meeting.
"We mentioned problems related to the mining sector and asked ministries concerned to get their act together to enhance the manufacturing," Shukla advised reporters following the meeting.
"The Commission has asked them to carry out the needful to eliminate the impediments towards the mining sector since it could enable garner more than $30 billion and bridge the present account deficit," he additional.
Latest account deficit (CAD) could be the variation in between inflow and outflow of foreign exchange. While in the 2012-13, CAD was at all-time high of four.eight per cent of GDP or $88.two billion. The government had proposed to deliver it right down to $70 billion or 3.eight per cent with the GDP this 12 months. It can be now pegging the deficit at all over $60 billion in 2013-14. http://www.rockprocessing.net/solutions/mobile-processing-supplier.html Representatives of ministries of environment & forest, and mines attended the meeting. Also, representatives on the Department of Land Resources under the Ministry of Rural Development, the Archaeological Survey of India, the Atomic Energy Commission participated inside the meeting.
The Federation of Indian Mineral Industries (FEMI) also made a presentation on problems being faced by the sector.
Shukla said there are in excess of 65,000 mining applications pending with state governments, including Odisha, Rajasthan, Chhattisgarh, Maharashtra, Karnataka and Haryana.