AP Bureau.

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Bhubaneswar,25 April 2015: MMDR Act 2015 will bring in much needed transparency in the allocation process and kick-start the mining sector which was languishing for want of clear guidelines. It will pave the way for restarting mining in the country, thereby easing the pressure on availability of raw material, so vital for many key sectors that provide inputs to manufacturing, Dr Anup Pujari, Secretary, Ministry of Mines, Government of India said during an event Mining- The Way Forward organised by CII Odisha State Council on Saturday.

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Against this backdrop, the Session with focused on understanding the various opportunities and challenges related to the announced MMDR Act 2015 and its implications for states.

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“Mines and mineral based industries should explore a mechanism which would be win-win for both the stakeholders and urged CII to conduct such an occasion in partnership with government. He also spoke about inclusive land acquisition policy where a land owner can continue as an important stakeholder in the industry”, Gokul Chandra Pati, Chief Secretary, Government of Odisha said on the occasion.

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He called for ideas to develop Single Window mechanism involving Ministry of Mines, Ministry of Environment & Forests and  State Government, for faster clearance and compliances in time bound manner

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Raj Kumar Sharma, Principal Secretary, Steel and Mines, Government of Odisha, put forward the perspectives from both Centre as well as State.

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CII report on the Economic Benefits of Mining focuses in-depth a case study of how mining has transformed the Angul District in Odhisa. Angul’s GDP per capita has increased from INR 39,000 to INR 101,000(10 per cent CAGR) whereas that of Odhisa has increased from INR 18,000 to INR 35,000 (7 per cent CAGR). Also, the struggling segment (lowest income group) in Angul has decreased from 67 per cent in 2002 to 25 per cent in 2012 and is expected to be less than 5 per cent by 2025.