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Geological Survey of India (GSI) a sub-ordinate organisation of the Ministry of Mines, has carried out exploration for bauxite in Kerala and the important deposits are located in Kannur. Kasargod, Kollam and Thiruvananthapuram districts. 10.46 million tonnes of bauxite has bees established in Kannur and Kasaragod districts, 2.64 million tonnes in Kollam and 0.93 million tonnes in Thiruvananthapuram district.
Mineral Concessions are granted by the State Governments under the Mines and Minerals (Development and Regulation) Act,1957 and Rules made there under. As per the National Mineral Policy 1993, the exploration and exploitation of these minerals have been thrown open to private investment and therefore commercial exploitation of minerals take place as per economic viability of the mineral.
This information was given by the Minister of State for Coal & Mines, Dr. Dasari Narayana Rao in a written reply in the Lok Sabha today.
DS/DCG
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