Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Rajya Sabha today in a written reply that as per the Government statistics maintained by the Department of Industrial Policy and Promotion, the Foreign Direct Investments (FDI) inflow into the mining sectors during January 2011 to December 2011 is 140.25 million US$ ( Rs. 630.77 crore).FDI up to 100% is permitted under the automatic route in Mining and Exploration of diamond and precious ores, subject to the Mines and Minerals (Development & Regulations) Act, 1957, as per para 6.2.3.1 of the Consolidated Foreign Direct Investment Policy Circular 1 of 2012 dated 10th April, 2012 issued by the Department of Industrial Policy and Promotion, the Minister said.
Popular Posts
-
Shri Ravi Shankar Prasad assumed charge of the Ministry of Law & Justice today. After assuming charge, he interacted with the officia... -
Mr. Ed Fast, Canadian Minister for International Trade today called Minister of State (Independent Charge) Commerce & Industry Smt. N... -
Ministry of Home Affairs has organized the Annual Conference of Relief Commissioners/ Secretaries, Department of Disaster Management of S... -
Shri Ajit Singh, the Minister of Civil Aviation informed Rajya Sabha today in a written reply that as part of the decisions taken on the Tur...
-
The Cabinet Committee on Economic Affairs has approved the implementation of the National Mission on Agricultural Extension and Technolo...
-
Delving deep inside the maze of a thought of initiating a new business or setting up a new industrial unit in India is a cumbersome proc...
-
AEFI surveillance (Adverse Events Following Immunization Surveillance) is a mechanism to track all kinds of adverse events including deat... -
The Central Water Commission is monitoring on weekly basis, live storage status of 82 reservoirs spread across the country having total live...
-
A team from the National Commission for Protection of Child Rights (NCPCR) today visited the coal mining areas of Jaintia Hills in Meghalaya...
-
Lauding the performance of the agriculture sector, Shri P. Chidambaram, Minister of Finance in his Interim Budget speech today said that ...
