The Union Cabinet has approved the National Mineral Policy- 2019.
It replaces the extant National Mineral Policy 2008.
The New National Mineral Policy will ensure more effective regulation.
It will lead to sustainable mining sector development in future while addressing the issues of project affected persons especially those residing in tribal areas.
It proposes a long-term export-import policy for the mineral sector.
It introduces the concept of Inter-Generational Equity to support the future generations.
It also intends to constitute an inter-ministerial body to institutionalise the mechanism for ensuring sustainable development in mining.