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The Centre today asked Chief Ministers of Andhra Pradesh and Telangana to expedite the process of auction of mines and setting up of District Mineral Foundation (DMF).
Steel and Mines Minister Narendra Singh Tomar today met Andhra Pradesh Chief Minister N Chandrababu Naidu and Telangana Chief Minister K Chandrashekar Rao separately in Hyderabad.
Among the issues discussed were setting up of integrated steel plants in both the States, the Mines Ministry said in separate statements.
“Among other things, the meeting deliberated over the proposed investment projects in the area of steel and mines, and the need to expedite auction of mines and setting up of DMF in these States,” the Ministry said.
Tomar sought support from Andhra Pradesh to expedite mines auction.
He assured help in the area of detailed exploration by parastatal agencies – GSI and MECL, it added.
“Tomar also proposed that the expertise of MSTC, a PSU under the Ministry of Steel, which conducted coal auctions, could also be harnessed for conducting mineral auctions in the States,” it said.
Naidu proposed the setting up of a joint task force of Steel Ministry, its PSUs and AP government to assess economic viability of setting up of a steel plant.
“The Chief Minister requested for including APMDC in the list of exploration agencies, to which Tomar assured positive action in 30 days,” the statement said.
In his meeting with Rao, Tomar proposed that Geological Survey of India (GSI) and the Mineral Exploration Corporation Limited (MECL) can assist the state in assessing its mineral resources for revenue generation, a statement said.
“Similarly state can consider utilising the services of MSTC for auctioning of mines for monetisation of mineral resources,” it added.
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