Nano News

Proposals for Mineral Investment Approved

Bhopal. Mineral Resources Department has given approval to 15 investment intent proposals related to establishment of Mineral based industries in the state. An amount of Rs. 29 thousand 392 crore will be invested from these proposals. It may be mentioned that 25 investment intent proposals were given by the investors for mineral based industries during the Global Investors Summit held at Indore in October 2016.

At present action is being initiated in the state for auction of mines as per the Mine and Mineral Amended Act 2015. This will facilitate mineral based investment and will also create employment.