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Indian mineral exploration policy and reality divergence

Creamer Media Correspondent
The Indian government’s ostensible policy is to double mineral exploration every year with participation of domestic and foreign private players, but foreign participation in domestic non-coal mineral exploration is on a downtrend. “We are preparing a document for increasing the participation of the private sector in mineral exploration and [will] even allocate money for certain sectors of private mineral exploration,” Mines Ministry joint secretary Bipul Pathak, said in a recent statement.

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