'U.P's mining policy a model of transparency, tech efficiency'
Lucknow, June 30 -- Chief minister Yogi Adityanath on Sunday emphasised the crucial role of the mining sector in Uttar Pradesh's journey towards achieving the trillion-dollar economy goal.
He noted that the sector has evolved beyond just mineral extraction to become a key driver of economic growth, investment attraction and local employment generation.
During a comprehensive review meeting of the department of geology and mining, he said U.P's mining policy has now emerged as a model of transparency and technological efficiency.
Highlighting the department's performance, he noted that mineral revenue has recorded an average annual growth rate of 18.14% between FY 2021-22 and FY 2024-25. In FY 2024-25, revenue from major minerals stood at Rs 608.11 crore.
In just the first two months of FY 2025-26, the state has already generated Rs 623 crore in revenue.
The chief minister was informed that leases for major minerals such as phosphorite, iron ore, and gold have been successfully auctioned in recent years.
He directed officials to expedite the composite lice- nsing process further and ensure timely identification of potential mining zones along with the prompt preparation of geological reports.
Emphasising the impact of transparent and investor-friendly policies, the chief minister noted that promi- nent companies like JSW, Adani Group, Tata Steel, and UltraTech Cem- ent have shown strong int- erest in investing in Uttar Pradesh.P3...
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