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Rajya Sabha
In consultation with the Ministry of Mines, the Foreign Investment Promotion Board (FIPB) has so far approved 73 proposals of Foreign Direct Investment (FDI) in the mining sector, envisaging an investment of about Rs.4,044 crore.
National Mineral Policy (NMP), 1993, has made the non-fuel and non-atomic mineral sector open for private investment including FDI. It is equally applicable to all States in the country.
This information was given by the Minister of Mines, Shri Sis Ram Ola in a written reply in the Rajya Sabha today.
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