Ban on ore mining led to one million job losses, says study

Ban on ore mining   led to one million job losses, says study

The ban on iron ore mining and exports in states of Karnataka and Goa, which are known for ore production, led to intense job losses to the tune of one million people, directly and indirectly, according to a recent study by industry body, the Associated Chambers of Commerce and Industry of India (Assocham), and private lender, Yes Bank.

“After the global meltdown and export ban in Goa and Karnataka, a significant decline was registered in minerals’ production, which had major consequences on iron ore exports that declined markedly from over 117 million tonnes (MT) in 2009-10 to about 14 MT in 2013-14, thereby leading to massive job loss,” noted the study titled, ‘Mining: Building a sustainable development framework for inclusive growth’.

“Recent issues of illegal mining together with regulatory challenges, policy gridlocks, inadequate supporting infrastructure are significant hurdles in growth of India’s mining sector,” Assocham Secretary General D S Rawat said.

“India’s mining sector is saddled with logistic inefficiencies, economic, bureaucratic, environmental and a host of capacity issues owing to a lack of coordination between various agencies, besides, lack of central planning has resulted in procurement delays.”
“This calls for consistent increase in transportation via rail, road for easy transport of minerals to the point of consumption,” he said.

The study has suggested the government to take progressive policy initiatives like single-window clearances for greenfield and brownfield projects to encourage private sector participation by enhancing domestic availability of major raw materials, improving financing avenues across mineral value chain and initiating steps to promote sustainable practices.

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