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
-
23-April-2012, This Akshaya Tritya , invest in gold coins from India Post and get a flat 6% off on the price of Gold. This is a limited p...
-
The Forum of Regulators (FOR), a statutory body of Electricity Regulators with CERC Chairperson as Chair and SERC Chairpersons as Members, ...
-
To mitigate the hardship of small investors and to expedite disposal of cases pending before the Company Law Board the first ever “Lok Ad... -
Sr. No. District => Population Growth Rate Sex Ratio Literacy Density/km 1 Dimapur => 379,769 23.23 916 85.44 410 2 Kohima => ...
-
The National Innovation Council is hosting the second episode of – ‘Join the Conversation’- with Mr Sam Pitroda, Adviser to the Prime Min... -
The Minister of Culture Smt. Chandresh Kumari Katoch has said that, there are 985 ancient temples in the country declared as of national...
-
A number of policies have been notified to attract private investment for the development of Railway Infrastructure. Some of these are:...
-
Under Article 348(2), the Governor of a State may, with the previous consent of the President, authorize the use of the Hindi language or an...
-
The Government of India has taken note of the prevalence of malnutrition, child marriage, child labour, trafficking and dropouts at the ...
-
Director of Afghan Film ‘A Man’s Desire for A Fifth Wife’, Sediq Abedi wants that India should help to develop film sector in Afghanistan...
