NEW DELHI: A 2-day conference on ‘Indian Minerals and Metals Industry: Transition Towards 2030 & Vision 2047’ was organised on Tuesday, August 23, by the National Mineral Development Corporation (NMDC) and the Federation of Indian Chamber of Commerce and Industry (FICCI).
The event was attended by Jyotiraditya M Scindia, Minister of Civil Aviation and Steel, Government of India, where he urged the mines and mineral industries of India to focus on reducing the carbon emission by 30-40 per cent by the end of the year 2030. The move will help India achieve its net zero carbon emission targets.
Prahlad Joshi, Minister of Mines, Coal and Parliamentary Affairs, Government of India said, “The central government has introduced a revenue sharing model as per which 50 per cent rebate is entailed on revenue share on early production of minerals.” He added that the minerals and metal industries need to adopt sustainable solutions to bring in the element of sustainability and to increase productivity and efficiency of units.