Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
India's reliance on imports for minerals makes its underdeveloped mining sector a risk to economic stability, and bottlenecks are slowing new projects that could reduce that dependence.
India's mining sector remains underdeveloped due to high import dependence and severe execution bottlenecks. Challenges include land acquisition difficulties, uncoordinated state-level regulations, and environmental concerns related to mining activities. The Centre has urged states to improve the operationalisation of mines, with only a fraction currently active. Various stages of clearances have delayed the progress of numerous mining projects in different regions.
The mining sector supplies raw materials for industry and infrastructure; in India, mining is regulated by both central and state authorities, and delays in land acquisition, clearances, and environmental approvals often impede project development.