State Focus On Mineral Wealth

telangana-v6newsThe State government put its focus on bringing about the mining policy. The government feels that anomalies crept up in allotting the mines in the composite state as there was no clear cut policy then. Earlier it was ‘first come first served basis.’ Now the new state wants to put end to such practice through special mining policy. Though the state targeted Rs.3,500 crores from mining sector in the current financial year, the actual income so far is only Rs.1700 crores. Hence a new mining policy to meet the target. As the state government has already got good response for its industrial policy, it is encouraged to introduce the new mining policy in the coming budget session.

Medaram Jathara

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