![Centre takes up reins of mine prospecting](https://cdn.magzter.com/1547192204/1719773392/articles/fmoiadj9ioXfoJrF3aRsys/CENTRE-TAKES-UP-REINS-OF-MINE-PROSPECTING.jpg)
Previously, this responsibility rested with mineral-rich states.
According to a Ministry of Mines notification dated June 27, the scheme for engagement of notified private exploration agencies (NPEA) in mineral exploration, administered through the National Mineral Exploration Trust (NMET), enables the Union government to directly grant mineral concessions for a full spectrum of exploration activities, from reconnaissance to prospecting operations.
In 2016, the Centre launched the National Mineral Exploration Policy to promote private sector participation in mineral exploration.
Bu hikaye Business Standard dergisinin July 01, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin July 01, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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