Is PM Modi Focusing on Rapid Mining of Rare Minerals to Boost India’s Green Energy Sector?

Synopsis
Key Takeaways
- PM Modi’s focus on rare minerals aims to boost green energy.
- Rajasthan is pivotal in the mining sector.
- The state has won awards for its transparency and performance.
- Efforts are being made to attract more investments.
- Environmental sustainability is a key priority.
Jaipur, July 7 (NationPress) The Union Minister for Coal and Mines, G. Kishan Reddy, stated on Monday that Prime Minister Narendra Modi is prioritizing systematic and accelerated mining of rare minerals to enhance India's green energy sector.
“PM Modi is concentrating on systematic and accelerated mining of rare minerals to elevate India’s green energy sector, where Rajasthan plays a crucial role,” the Union Minister declared during a joint review meeting involving the Mines Department, which the Chief Minister of Rajasthan, Bhajan Lal Sharma, also attended.
Commending the efforts of the state administration, the Union Minister noted that Rajasthan is establishing standards in transparency, local advancement, and investor engagement in mining.
“Recently, the state secured the top award for its outstanding performance in the auction of mineral blocks,” he asserted.
He encouraged officials to take a proactive stance in attracting increased investment in the sector.
In the meantime, Bhajan Lal Sharma emphasized Rajasthan’s rich mineral resources and the significant opportunities for mining within the state.
He stressed that careful utilization of these resources is essential for bolstering the state’s economy, creating local jobs, and promoting regional growth.
“Our government is dedicated to achieving a harmonious balance between environmental sustainability and revenue generation through mining,” the Chief Minister stated.
He added that due to excellent collaboration between the central and state governments, remarkable advancements are being made in Rajasthan’s mining sector.
The Chief Minister instructed officials to pinpoint new mineral blocks and hasten the auction process. He also directed departments to ensure rapid environmental clearances in concert with the central government to facilitate the timely initiation of mining activities.
Highlighting the mineral diversity of Rajasthan, Sharma mentioned that the state boasts 82 varieties of metallic and non-metallic minerals, with 57 currently being exploited.
“Our mineral riches are not only extensive but also rare and valuable. They must be effectively marketed to draw in greater investment,” he asserted.
He further suggested modifying departmental regulations to encourage innovation in mining and recommended examining best practices from other states.