Naveen meets Pranab,discusses mining Bill

Orissa chief minister Naveen Patnaik met Union finance minister Pranab Mukherjee and discussed about the mining Bill.

Orissa chief minister Naveen Patnaik on Friday met Union finance minister Pranab Mukherjee and discussed about the mining Bill.

Patnaik demanded that amendments to the Act must encourage value addition to minerals in the state. He also said the mines should be offered through competitive bidding so that the mineral-bearing states get benefited.

I have suggested that the value addition to minerals in the state be encouraged and also allotment of mines through auction route, Patnaik said. The finance minister has assured that he would look into the suggestions and take appropriate steps when the final draft of the Bill would be prepared, the chief minister said.

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The Centre is going to introduce a Bill seeking amendments to the Mines and Minerals Development & Regulation (MMDR) Act 1957.

A Group of Minister (GoM) headed by finance minister Pranab Mukherjee is now consulting with various stake holders of the mining sector of the country for finalisation of the draft Bill.

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