Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Rajya Sabha today in a written reply that as per the Government statistics maintained by the Department of Industrial Policy and Promotion, the Foreign Direct Investments (FDI) inflow into the mining sectors during January 2011 to December 2011 is 140.25 million US$ ( Rs. 630.77 crore).FDI up to 100% is permitted under the automatic route in Mining and Exploration of diamond and precious ores, subject to the Mines and Minerals (Development & Regulations) Act, 1957, as per para 6.2.3.1 of the Consolidated Foreign Direct Investment Policy Circular 1 of 2012 dated 10th April, 2012 issued by the Department of Industrial Policy and Promotion, the Minister said.
Popular Posts
-
The Union Public Service Commission will be conducting Interviews/Personality Tests for Special Class Railway Apprentices Examination, 2012 ...
-
The number of fresh fellowships to be awarded each year under Rajiv Gandhi National Fellowship (RGNF) Scheme for Scheduled Caste (SC) stud...
-
Ministry of Tourism has launched a Web-based Public Delivery System for recognition of the Travel Trade Service Providers. The objective... -
Under the Employees’ State Insurance Scheme (ESIS) administered by Employees’ State Insurance Corporation (ESIC) and respective State Go...
-
The Indian Navy formally inducted the nuclear-powered submarine ‘INS Chakra’ into its fleet today. The INS Chakra was commissioned by the De...
-
Mumbai, April 7 (IANS) Megastar Amitabh Bachchan says his work "dissects" him from the "daily and hourly burdens". Th... -
An agreement for credit of US $ 165 million (equivalent) from World Bank for Maharashtra Rural Water Supply and Sanitation Program was si... -
Chief Minister Vijay Bahuguna describing workers wheels of the vehicle of development said that it was only with their support that Uttarak...
-
On the basis of the results of the Combined Defence Services Examination (I)-2014 held by the Union Public Service Commission on Februa... -
Hank Yarn Obligation The Hank Yarn Obligation is a mechanism to ensure adequate availability of hank yarn to handloom weavers at reasonable ...
