BRING­ING IN TRANS­PARENCY

Assocham Bulletin - - GOVERNMENT LNTERACNONS -

ASSOCHAMor­ga­nized In­dia Min­ing Sum­mit 2017,on Au­gust 4,2017. In­au­gu­rat­ing the sum­mit, Mr. Arun Ku­mar, Sec­re­tary, Min­istry of Mines in­formed that the Mines Min­istry will bring out pro­posed draft changes to the Min­eral Auc­tion Rules, 2015 within Au­gust with a view to makem­iner­al­block­auc­tion­s­more ef­fec­tive thereby re­mov­ing the small glitches high­lighted by the bid­ders and in­dus­try as­so­ci­a­tions at a meet­ing held last month.

On the is­sue of en­vi­ron­ment clear­ance, Mr. Ku­mar in­formed that Mines Min­istry has given 20-page sug­ges­tions on how the en­vi­ron­ment can be pro­tected and rules can be made to ex­pe­dite the min­ing process. "So more with a view to stream­line the pro­ce­dure we have given those sug­ges­tions and we will be tak­ing it up with the Min­istry of En­vi­ron­ment so that sim­pli­fi­ca­tion and cut­ting down on de­lay should be passed on," he said.

On the is­sues per­tain­ing to change in def­i­ni­tion of cap­tive, he said that cap­tive def­i­ni­tion will stay for the ex­ist­ing leases but for auc­tions the Min­istry will see how it can tweak the sys­tem legally to al­low for a cer­tain per­cent­age of the min­er­als to be traded as well. "How­ever for end use stip­u­la­tions, which the states are put­ting now for auc­tions, we want to ex­am­ine and see whether we can make it more flex­i­ble, be­cause if you are get­ting an auc­tion, you are pay­ing for the ma­te­rial as per the terms of the auc­tion," he added.

Con­ced­ing that there is a need to fo­cus more and speed up ex­plo­ration, but it is not that dis­mal as has been pointed out. "The Gov­ern­ment is very se­ri­ous to ac­cel­er­a­te­ex­plo­ration, we are well aware of those de­fi­cien­cies and we are try­ing to ad­dress them."

On the is­sue of num­ber of blocks com­ing forth for auc­tion and pric­ing, he said that pric­ing

On the is­sues per­tain­ing to change in lef­i­ni­tion of cap­tive, he said that cap­tive def­i­ni­tion will stay for the ex­ist­ing leaml­shut­for auc­tions the Min­istry will see how it can tweak the sys­tem legally to al­low for a cer­tain per­cent­age of the min­er­als to be traded as well. "How­ever for end use stipII~ations, which the states are put­ting now for auc­tions, we want to ex­am­ine and see whether we can make it more flex­i­ble, be­cause if you are get­ting an auc­tion, you are par­ling for the ma­te­rial as per the terms of the auc­tion."

has been aggressive for 29blocks in re­la­tion to the quan­tum of min­eral which was on the block.

He said that Min­istry ofMines is also con­cerned about speed­ing up the pace of auc­tions. "For that pur­pose, the Min­istry has had var­i­ous con­sul­ta­tions, while some states like Kar­nataka, Ra­jasthan, Odisha, Gu­jarat have re­ally rolled it out." Ad­ding that the Min­istry has iden­ti­fied the most-po­ten­tial dis­trict in the states that have not rolled it out in the de­sired man­ner and has sent GSI (Ge­o­log­i­calSur­vey of In­dia) and IBM of­fi­cers to sit in those districts and make out blocks.

"We will have a re­port by Septem­ber and with that data, the state gov­ern­ment will be more re­spon­sive, so against 21 blocks auc­tioned out by the end of March, by this ap­proach, we hope to achieve the tar­get of hav­ing 100 blocks auc­tioned in 2017-18," fur­ther said Mr. Ku­mar.

More so, as with a re­port, map and co-or­di­nates, the state bu­reau­cracy would find it very dif­fi­cult to say that there is no data avail­abil­ity.

"As and when more blocks come-in, there would be more fair com­pe­ti­tion and more rea­son­able bids," he added.

Talkingabout the is­sue of2020, he said that Union Min­istry held dis­cus­sion­with the states on June 2 and had asked the states to give a plan of ac­tion by Septem­ber.

"We would be in­sist­ing that the ex­ist­ing leases, do their ex­plo­ration, give those re­ports and we would be re­quest­ing the states to see that those blocks are auc­tioned out be­fore Jan­uary 1, 2020 and for­mal­i­ties which need to be done can be taken in hand for a smooth tran­si­tion," said the sec­re­tary.

He also said that though the Cen­tre has over­all re­spon­si­bil­ity for min­eral ad­min­is­tra­tion, the ac­tual ad­min­is­tra­tion takes place in the states as the min­er­als be­long to them. "So, sub­ject to state gov­ern­ment clear­ances, we are very open to no­ti­fy­ing ad­di­tional lim­its un­der 6(1)(b)."

On the is­sue of price con­trol, he said "I think, in­dus­try should re­alise that there can be no ar­ti­fi­cial way in which prices should be con­trolled be­cause it is go­ing to be an auc­tion sce­nario and the per­son who had bid for the auc­tion has bid on open mar­ket ex­pec­ta­tions."

He added, "There is no scarcity, there is enough ma­te­rial avail­able and there­fore I do not see a ra­tio­nale for price con­trols."

He also said that as far as ma­jor min­er­als are con­cerned, In­dia is a net ex­port­ing coun­try and shall con­tinue in this regard.

Mr. D. S. Rawat, Sec­re­tary Gen­eral, ASSOCHAM, Mr. Ra­jen­der Ku­mar Kataria, lAS, Sec­re­tary to Commerce and In­dus­tries, De­part­ment of MSME & Mines, Gov­ern­ment of Kar­nataka, Mr. San­deep Ja­jo­dia, Pres­i­dent, ASSOCHAM, Mr. Arun Ku­mar lAS, Sec­re­tary, Min­istry of Mines, Dr. Vinod Nowal, Deputy Man­ag­ing Di­rec­tor, JSW Steel Ltd, Mr. Man­ish Khar­banda, Co-chair­man, ASSOCHAM Na­tional Coun­cil on Mines and Min­er­als & Ex­ec­u­tive Di­rec­tor & CEO, Mines & Min­er­als, JSPL. •.. .....;;-..__ ---... •••-

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.