Chief Minister Naveen Patnaik has approved the framework of a new Odisha Mineral Exploration Policy 2015.The policy aims at upgrading the mineral exploration level to G2 in keeping with UNFC norms within a reasonable timeframe and eventually to G1 level so that the potential of mining sector is achieved through scientific exploration of mineral resources.
Under the policy, the Government would sign memorandum of understanding (MoU) with the Geological Survey of India (GSI) and the Mineral Exploration Corporation limited (MECl) to achieve the maximum potential of mineral exploration in State.
The Central Government has mandated and permitted GSI and MECl to undertake mineral exploration without obtaining reconnaissance permit, prospecting lease or licence.
Similarly, the Directorate of Geology would be strengthened with augmentation of manpower and financial resources for intensifying mineral exploration
According to the policy designed by Steel and Mines department, the possibility of setting up an Odisha Mineral Exploration Corporation with participation of the Odisha Mining Corporation (OMC) , MECl and mineral-based industries would be explored in order to intensify the mineral exploration in the State.
“A comprehensive review of manpower needs of the mineral exploration sector would be carried out and steps would be taken to increase the capacity of educational institutions to meet the needs. It has been decided to publish a consolidated report on the status of mineral exploration and estimated mineral reserves in the State within six months,” said official sources.
Odisha accounts for 20 per cent of iron ore, 25 per cent of coal, 44 per cent of manganese, 54 per cent of bauxite, 87 per cent of chromites of the country.
This policy has been prepared to benefit out of the provisions of the MMDR Amendment Act-2015, said a senior Steel and Mines Department official.