Auction to be restricted to subsequent stages of prospecting and mining leases
The government will offer exploration of deep-seated minerals on a first-come, first-served basis rather than by an auction to make the high-risk, high-investment sector attractive for private players.
The mining ministry wants to restrict bidding to only prospecting and mining, the stages that follow initial explor
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/early-comers-get-deep-mineral-exploration-licence
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mineral-based-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/minerals
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-copper
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-mineral-policy-2008