Indian policy body stresses need to widen mineral exploration

The National Institute for Transformation of India (NITI Aayog), government’s policy advisory body, has called for the proposed National Mineral Policy (NMP) to stimulate more mineral exploration, noting that only 10% of the country’s obvious geological potential (OGP) has been explored. Making submissions to the Mines Ministry currently working on the finalisation of a new version of the NMP, the policy advisory body has said that “success stories of our proven deposits are not from extensive exploration, but merely by chance”.