PANJIM: The new mining policy would spell out guidelines that will make granting of mining concessions more transparent in the state, according to a statement by Chief Minister Manohar Parrikar, Friday.

Parrikar said that government will formulate a mining policy by May-end or June, which will outline transparent procedures that government would adopt while allotting mining leases, in future.

The Modi government may review and amend this Mines and Minerals (Development and Regulation) Bill of 2011 which UPA government failed to pass said Mr.

All big non-coal mineral mining lease holders will have to file monthly returns. It has been declared mandatory for them. Ministry of Mines, Government of India has issued notification in its gazette in this regard.

In the mineral map of India, Orissa occupied an important position both in terms of deposit and production. The mineral deposit of the state is not only vast but also equally diverse. It is one of the largest minerals bearing states in India, having 16.92% of the total reserves of the country.

The Ministry of Steel, constituted an