India will have to import iron ore if exports continue: Munda
The UPA government had failed to check the rampant export of iron-ore, which is in demand in view of the development taking place across the globe.
By PTI |
JAMSHEDPUR: Former Jharkhand chief minister Arjun Munda today expressed apprehension that the country will have to import iron ore in next few decades if the rampant export of the raw material was not stopped forthwith.
"The proposed national mining policy being framed under the pressure of the Left parties was intended to promote export of iron ore to China," Munda alleged at a press conference.
The UPA government had failed to check the rampant export of iron-ore, which is in demand in view of the development taking place across the globe.
Describing the proposed mining policy of the government, Munda said the country has about 20 billion tonnes of iron ore deposit, which will not be sufficient to meet the domestic requirement in the next two-three decades.
Munda said apart from growing industrialisation, the development has been taking place in almost sphere including infrastructure required large quantity of steel. The iron ore deposit the country has at present could meet the domestic requirement for the next two three decades, he claimed.
The country will have to import iron ore if no step was taken immediately to put a rein over the rampant export irrespective of the quality (grade) of the ore, he demanded.
BJP would take to streets and launch agitation across mineral rich Jharkhand if the government implement the policy, Munda announced.
"The proposed national mining policy being framed under the pressure of the Left parties was intended to promote export of iron ore to China," Munda alleged at a press conference.
The UPA government had failed to check the rampant export of iron-ore, which is in demand in view of the development taking place across the globe.
Describing the proposed mining policy of the government, Munda said the country has about 20 billion tonnes of iron ore deposit, which will not be sufficient to meet the domestic requirement in the next two-three decades.
Munda said apart from growing industrialisation, the development has been taking place in almost sphere including infrastructure required large quantity of steel. The iron ore deposit the country has at present could meet the domestic requirement for the next two three decades, he claimed.
The country will have to import iron ore if no step was taken immediately to put a rein over the rampant export irrespective of the quality (grade) of the ore, he demanded.
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BJP would take to streets and launch agitation across mineral rich Jharkhand if the government implement the policy, Munda announced.
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