Latest News | Govt Approves Rs 155 Cr for Mineral Exploration, Boosting Capabilities
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New Delhi, Jan 11 (PTI) The government on Wednesday said it has sanctioned Rs 154.84 crore to National Mineral Exploration Trust for mineral exploration and boosting capabilities.
The financial help to the exploration agencies will provide auctionable mineral blocks to the nation and will aid in realising self reliance in the mining sector.
"The executive committee meeting of National Mineral Exploration Trust (NMET), Ministry of Mines, was held... Projects of mineral exploration and enhancing institutional capabilities in exploration worth Rs 154.84 crore were approved," the mines ministry said in a statement.
The projects include exploration of minerals like graphite, iron, coal, zinc and bauxite.
Financial help for enhancing mineral exploration and institutional capabilities of Geological Survey of India and Indian Bureau of Mines among others was also approved, the statement added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)