Rajasthan
Rajasthan's Mines Department Plans to Increase Revenue in FY25
- 16 Apr 2024
- 2 min read
Why in News?
The Rajasthan Department of Mines & Geology has developed a strategy to increase revenue during the current financial year (FY25).
Key Points
- Rajasthan is one of the richest states in terms of availability and variety of minerals, producing over 57 types of minerals.
- The mines department earned a revenue of over Rs 7,490 crore during FY2024.
- A plan has been made to ensure daily monitoring by preparing a road map for exploration, drilling, preparing blocks and plots for auction, creating an auction calendar, and revenue collection.
- According to the plan, better coordination with the concerned departments including forest, district administration, and police administration would be strengthened to stop illegal mining activities.
- There should be a regular system for collecting the revenue due to the government so that there is no need to make much effort for recovery at the last moment.
Illegal Mining
- Illegal mining is the extraction of minerals, ores, or other valuable resources from land or water bodies without the necessary permits, licenses, or regulatory approvals from government authorities.
- It can also involve the violation of environmental, labor, and safety standards.
- Government Initiatives Related to Mining
- National Mineral Policy 2019: It aims to increase mineral exploration and production, promote sustainable mining practices, and streamline regulatory processes.
- Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY): It is a welfare scheme for mining-affected areas, and the Sagarmala project, which aims to develop port infrastructure to support the growth of the mining sector.
