THE MINISTER OF MINES AND MINISTER OF DEVELOPMENT OF NORTH EASTERN REGION (SHRI B.K. HANDIQUE)
(a)& (b): State-wise information on total reserves of Bauxite is given in the Indian Minerals
Year Book published by the Indian Bureau of Mines, a copy of which has been supplied to the
Parliament Library.
(c) : Mining of minerals depends broadly on availability of mineral resources, economic
viability, demand of the market etc. Under the liberalised economic environment, investment
decisions are taken by the entrepreneurs based on their techno-economic judgements and
commercial considerations. The Government has announced the National Mineral Policy, 2008,
which enunciates policy measures like assured right to next stage mineral concession,
transferability of mineral concessions and transparency in allotment of concessions, in order
to reduce delays which are seen as impediments to investment and technology flow in the
mining sector in India. The Government has also revised the threshold values for 12 minerals,
including Bauxite, which would entail stacking and utilisation of low grade ore. These policy
initiatives would provide suitable environment for optimum exploitation of the mineral
potential of the country, including Bauxite.
(d): The details of the proposals received by Government from the State Governments for
grant of mineral concessions are given on the website of Ministry of Mines (http://mines.gov.in).