RAIPUR :
CHIEF Minister Vishnu Deo Sai
on Monday said that
Chhattisgarh aims to develop a
complete mineral value chain
within State, encompassing
exploration, mining, processing,
value addition, advanced manufacturing and recycling.
Addressing a roadshow on the
eighth tranche of auction of critical and strategic mineral blocks,
organised by the Union Ministry
of Mines at Mayfair Lake Resort
in Nava Raipur Atal Nagar, Sai
said the state’s mineral wealth and
emerging potential in critical
minerals could attract investment, support new industries
and generate employment
for youth.
He said Chhattisgarh has significant potential for lithium and
rare earth elements in Katghora
and Bastar; graphite, vanadium
and gallium in Balrampur; phosphorite in Balod; and nickel,
chromium and glauconite in
Mahasamund.
The Chief Minister said the
eighth tranche includes 20 critical and strategic mineral blocks
across seven states, including
five in Chhattisgarh. He urged
investors to participate actively
in the auction, describing the
blocks as an opportunity to
strengthen exploration, processing, value addition, innovation and mineral-based industries in the state.
Sai said that the State
Government was creating an
investment-friendly environment through its new industrial policy and measures aimed at
improving ease of doing business. He said investors were being
offered incentives such as capital investment assistance,
exemptions in stamp duty and
electricity duty, interest
subsidies and employmentlinked incentives.Highlighting the rise in mineral revenue, Sai said Chhattisgarh
earned around Rs 400 crore from mineral resources when
the state was formed. The revenue rose to around Rs 12,000
crore two-and-a-half years ago and has now crossed Rs
16,000 crore, he said.
He added that revenue from mineral resources was being
utilised for development and public welfare, including projects in mining-affected areas through the District Mineral
Foundation Trust.
During the programme, the Chief Minister launched the
E-Ret Sangwari and Tin Portal. The e-Ret Sangwari portal will facilitate the supply of sand at concessional rates to
beneficiaries of the Pradhan Mantri Awas Yojana. The Tin
Portal is aimed at ensuring fair prices and greater transparency for tribal communities associated with tin production in the Dantewada region.
Union Minister of State for Coal and Mines Satish Chandra
Dubey said India’s self-reliance in critical and strategic minerals was vital to strengthening its economic security and
strategic capabilities. He urged investors, youth and startups to explore the sector’s potential while ensuring responsible mining, environmental protection and safeguards for
local communities.
Union Minister of State for Housing and Urban Affairs
Tokhan Sahu said mineral-block auctions must lead to
exploration, investment, processing units, technology development, value addition and jobs. He stressed planned civic
infrastructure in mining and industrial growth areas.
Chief Secretary Vikas Sheel assured investors of government handholding for environmental, forest, land acquisition and other approvals, and encouraged investment across
the mineral value chain and downstream industries.
Union Mines Secretary Keshav Chandra said 88 critical
and strategic mineral blocks had been auctioned nationally, with 56 successfully allotted.
He identified Chhattisgarh’s
Katghora lithium and rare earth element block as India’s
first lithium-bearing mineral block auctioned. CMDC chairman Saurabh Singh also addressed the programme.
Mineral Resources Secretary P Dayanand said the state
was strengthening scientific exploration, geological data
collection, mapping and transparent auction systems to
promote mineral-based industries, local employment and
value addition.
Director of Mineral Resources and Managing Director of
CMDC Rajat Bansal said that under the Chief Minister’s
directions, the state was focusing on scientific exploration
of mineral resources along with sustainable mining practices. Two memoranda of understanding were signed during the event. CMDC entered into an agreement with Indian
Overseas Bank for financial cooperation, while another
MoU with Pt Ravishankar Shukla University will support
training in corundum cutting and polishing.
A book on minor minerals was released on the occasion.
The process for issuing notices inviting tenders for three
limestone mining lease blocks was also initiated. Union
Ministry of Mines Joint Secretary Kadam Sandeep Vasant,
senior central and state government officials, mineral-sector investors, industry representatives, experts and other
stakeholders attended the programme.