Скачать или смотреть Government plans mega auction of 130-140 mineral block in FY23

Government plans to auction 130-140 mineral blocks under asset monetisation plan this year. States have been asked to identify such mineral blocks and speed up auction process. Government has targeted to auction 761 mineral blocks under National asset monetisation pipeline by 2025. ET Now’s Prakash Priyadarshi has more details

EXCLUSIVE SOURCES

Government plans mega auction of 130-140 mineral block in FY23

The mineral blocks to be auctioned are of Iron ore, Bauxite, Zinc, Copper, and manganese

States have been asked to identify such blocks and speed up auction process

Government plans to speed up mineral block auction to cut down Imports

Because of global supply disruption, metal prices are skyrocketing

Additional incentives will be given to attract private investments

Rules related to forest clearances from captive mines are simplified

50% of production from captive mines will be allowed to be sold in open market

Alert- Domestic production of minerals are one third of imported minerals

Alert: Approx $107 billion worth of minerals imported in 2020

#mineralblock #Auction #mines
Subscribe To ET Now For Latest Updates On Stocks, Business News, Trading | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play : https://goo.gl/zJhWjC
Apple App Store : https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Pushed via Slike