Escolar Documentos
Profissional Documentos
Cultura Documentos
PRESENTATION
ON
MANAGEMENT OF MINES AND
MINERALS-A CASE STUDY WITH RESPECT
TO STATE OF ORISSA
CONTENTS
National Institute of Science & Technology
• INTRODUCTION
• MINERAL RESOURCE OF ORISSA
• MINERAL LEGISLATION IN INDIA
• MINING POLICY
• INVESTMENT POLICY
• REVENUE FROM MINING
• METHODLOGY FOR CALCULATION OF ROYALITY
• ILLEGAL MINING
• CONCLUSION
INTRODUCTION
National Institute of Science & Technology
INTRODUCTION(CONTD)
National Institute of Science & Technology
• FLOW CHART
MINING POLICY
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
INVESTMENT POLICY
National Institute of Science & Technology
• The Mines and Minerals (Development and Regulation) Act, 1957, (MMDR)
and the Mines Act, 1952, together with the rules and regulations under them
constitute the basic laws governing the mining sector. Further, the Government
has formulated the National Mineral Policy, which was revised in 1994 to permit
private investment in exploration and exploitation of 13 specified minerals.
• In 1999, the foreign investment policy has been further liberalised to promote
Foreign Direct Investment (FDI) in the mining sector:
• For exploration and mining of diamonds and precious stones, FDI upto 74
percent is permitted under automatic route.
• For exploration and mining of gold and silver and minerals other than diamonds
and precious stones, FDI is allowed upto 100 percent under automatic route.
CONT…
National Institute of Science & Technology
• • Private Indian companies setting up/operating power projects as well as coal and
lignite mines for captive consumption are allowed FDI upto 100 percent.
• • 100 percent FDI is allowed for setting up coal processing plants subject to the
condition that the company shall not do coal mining and shall not sell washed coal or
sized coal from its coal processing plants in the open market and shall supply the
washed or sized coal to those parties who are supplying raw coal to coal processing
plants for washing or sizing.
REVENUE CONT…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
ILLEGAL MINING
National Institute of Science & Technology
CONCLUSION…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
CONT…
National Institute of Science & Technology
THANK YOU