New Delhi (NVI): The Mines and Minerals Development (Amendment) Bill, 2021 was passed in the Lok Sabha today that is expected to pave the way for Mineral reforms to make this sector driver of economic activities in the country.
After the passing of the bill, Union Minister of Mines, Coal and Parliamentary Affairs Pralhad Joshi said that the changes will help create employment opportunities and allow private sector with enhanced technology in mining activities.
The Mines and Minerals Development (Amendment) Bill, 2021 has been passed by the Lok Sabha.
I thank all Members who voted for passage of this Bill. It will pave the way for #MineralReforms to make this sector driver of economic activities in the country.#BudgetSession2021 pic.twitter.com/zW5OH0yI7t
— Pralhad Joshi (@JoshiPralhad) March 19, 2021
India produces 95 minerals and has same potential as South Africa and Australia but still import minerals like gold and coal, the Minister told Lok Sabha.