India: The Cement Manufacturers Association (CMA) has contacted the Department for the Promotion of Industry and Internal Trade to urge its reconsideration of an expected decision that the CMA says will disrupt the mining sector, upon which eight key industries including cement depend. Indo-Asian News Service has reported that the government department may be considering the deletion of a provision of the Mines and Minerals Development and Regulation (Amendment) Act that gives a captive lease to reconnaissance permit (RP) and prospecting licence (PL) holders to begin mining for minerals discovered in the licenced area. The CMA has argued that introducing any additional stage between explorations and extraction “would not go well with the spirit of ‘ease of doing business.’” It added, “The industry would like development policies to be predictable and consistent to usher in fresh investments as well as to protect the efforts and hardships that go into establishing an industrial setup.”
Cement Manufacturers Association of India lobbies government against mining licence changes
Written by Global Cement staff
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