Press Information Bureau
Government of India
Ministry of Mines
03-December-2010 12:15 IST
Parliamentary Consultative Committee of Mines Ministry Meets
The Minister of Mines and Development of North Eastern Region, Shri B.K. Handique has chaired the meeting of the Consultative Committee attached to Ministry of Mines here yesterday. The topic of the meeting was “Role of Indian Bureau of Mines (IBM)”.

Addressing the meeting, Shri Handique said that the share of mining sector to country’s GDP now stands between 2.5 and 3%. If India is to achieve a sustained growth rate of 10%, the share of mining sector to country’s GDP must increase substantially. He said that adoption of the National Mineral Policy 2008 is a move in that direction. The National Mineral Policy 2008 enunciates policy measures like assured right to next stages of mineral concessions, transferability of mineral concession and transparency in allotment of concessions, in order to reduce delays which are seen as impediments to investment and technology flow in the mineral sector in the country.

Shri Handique informed that with the implementation of National Mineral Policy 2008, it is expected that there will be growth in the mining sector with increased inflow of capital and technology. The growth in mining activities would entail an expanding role for IBM, and the Policy itself calls for strengthening of the IBM and the State Directorate of Mines and Geology, the Minister added.

He said that considering the role and responsibility of IBM in the emerging scenario, a Committee has been set up in the Ministry for restructuring of IBM in order to enable it to meet future challenges.

He informed the Members that the emerging scenario in the mineral sector presents new challenges and opportunities for IBM. He asserted that IBM would have to re-position itself to meet these challenges upfront. It would have to reinvent itself from being a mere regulatory authority to becoming a techno-economic facilitator for orderly growth of mineral sector.

During the meeting, the Members suggested that local peripheral works like health and education facilities for the locals should be provided and to give a new height to the IBM and the IBM should diversify its activities. The Members also suggested to have a proper Relief and Rehabilitation Policy in the proposed new Mining Bill. The Minister welcomed the Members’ views and thanked for their valuable suggestions.

The Members of the Parliament present in the meeting include:- Shri Ramen Deka, Shri Amarnath Pradhan, Shri Dip Gogai, Shri Deoraj Singh Patel, Shri S. K. Bwiswmurthiay and Shri Kameshwar Baitha (Lok Sabha), Shri Rudra Narayan Pany and Ms. Gundu Sudha Ranio (Rajya Sabha). The Secretary, Ministry of Mines, Shri S. Vijay Kumar, along with senior officers of the Ministry and IBM also attended the meeting.