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According to a government official, the framework for a state mining index, which would act as a tool for stakeholders and ensure ease of doing business in the mining sector, is expected to be finalised soon. At a one-day workshop on the State Mining Index held here, Mines Secretary V L Kantha Rao declared that a state mining index would increase both cooperative federalism as well as competition among states.
At the workshop, principal secretaries, directors, and other officials from 26 states discussed and finalised the performance indicators and sub-indicators that are a component of the index framework and methodology. A finalised state mining index framework will be presented in July 2024 following state consultations and feedback, with the actual ranking to occur in April of that same year, Kantha Rao said.
The index would serve as a tool for stakeholders of the mining sector to understand different aspects related to the ease of doing mining business within a state, he added. The secretary also made a plea to states to help in data collection efforts by properly submitting the statistical returns in time.
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