Unlike other states in India, the state of Karnataka could not contribute to the iron ore export as it is totally cut off from the world and national markets dynamics due to the restriction in exports of iron ore prevalent in the state.
Think tank of India has got the sustainable road map for mining. In this fast changing economy, the key to success is to be agile & quickly implement the solutions on ground to reach the dream destination @PMOIndia@MinesMinIndia
Goa Mining Industry supported the Country with ~$13Bn Forex Earnings over the last decade & there was a potential loss of billions of dollars in the last 5-6 yrs due to intermittent stoppages. Must to restart mining in Goa which has 70 years long legacy #Iron4NationalDevelopment
This will generate huge revenue for the government, $10 Bn. in FOREX and strengthen our position globally. World practice is to allow the lease to match the life of the mine, and unless there is a default, auctioning of existing mines shouldn't be done. #Iron4NationalDevelopment