Govt soon to finalise framework of state mining index to ensure ease of biz: Mines secretary
V L Kantha Rao emphasized the importance of a state mining index framework to promote cooperative federalism, competition, and data accuracy in the mining sector while urging states for timely data submissions.
Principal secretaries, directors and other officials from 26 states participated in the workshop to discuss and finalise the indicators and sub-indicators of performance which form part of the index framework and methodology.
Post consultations and feedback from states, a framework of the state mining index will be finalized and released in July 2024 for actual ranking to take place in April next year, Kantha Rao said.
The index would serve as a tool for stakeholders of the mining sector to understand different aspects related to the ease of doing mining business within a state, he added.
The secretary also made a plea to states to help in data collection efforts by properly submitting the statistical returns in time.
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