Shillong, November 13: After the huge and cry made by different organization to protest the propose Foreign Direct Investment (FDI) in the mining sector the state government drop the word FDI and it will courage Joint venture in the mining sector.
The copy of “ The Meghalaya Mines and Minerals Policy 2012 which is available with the SP News Agency, clearly mention in Section five, in Para five one clearly mention that “ The state Government gives permission for prospecting or leasing of Mines in respect of specified major minerals”.
In the Meghalaya Mines and Minerals Policy 2012, that will be implemented in 2013 by the Government the traditional rat hole mining dose not figure in the policy. Though the state government, from time to time made a claim that rat hole mining will continued.
According to the policy, who ever have mines all has to get the permission from the state government for extracting minerals form their mines. The procedure for obtaining licenses, all has to apply through the office of the Deputy Commissioner where the mine is situated.
In the last Para twenty five, the government will have the right to amend or withdraw any provision from the policy by issuance of notification in the official gazette.(SP News)
