Wednesday 3 December 2014

MINING IN INDIA- CASE STUDY B-TECH EVS

The Mining industry in India is a major economic activity which contributes significantly to the economy of India. The GDP contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production. Indian mining industry provides job opportunities to around 700,000 individuals.
India is the largest producer of sheet mica, the third largest producer of iron ore and the fifth largest producer of bauxite in the world. India's metal and mining industry was estimated to be $106.4bn (£68.5bn) in 2010.
However, the mining in India is also infamous for human right violations and environmental pollution. The industry has been hit by several high profile mining scandals in recent times.

The tradition of mining in the region is ancient and underwent modernization alongside the rest of the world as India gained independence in 1947. The economic reforms of 1991 and the 1993 National Mining Policy further helped the growth of the mining sector.[3] India's minerals range from both metallic and non-metallic types. The metallic minerals comprise ferrous and non-ferrous minerals, while the nonmetallic minerals comprise mineral fuelsprecious stones, among others.[4]
D.R. Khullar holds that mining in India depends on over 3,100 mines, out of which over 550 are fuel mines, over 560 are mines for metals, and over 1970 are mines for extraction of nonmetals.The figure given by S.N. Padhi is: 'about 600 coal mines, 35 oil projects and 6,000 metalliferous mines of different sizes employing over one million persons on a daily average basis.Both open cast mining and underground miningoperations are carried out and drilling/pumping is undertaken for extracting liquid or gaseous fuels. The country produces and works with roughly 100 minerals, which are an important source for earning foreign exchange as well as satisfying domestic needs.[3] India also exports iron oretitaniummanganesebauxitegranite, and imports cobaltmercurygraphite etc.[3]
Unless controlled by other departments of the Government of India mineral resources of the country are surveyed by the Indian Ministry of Mines, which also regulates the manner in which these resources are used.The ministry oversees the various aspects of industrial mining in the country. Both the Geological Survey of India and the Indian Bureau of Mines are also controlled by the ministry.Natural gas,petroleum and atomic minerals are exempt from the various activities of the Indian Ministry of Mines.

No comments:

Post a Comment