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| Jharkhand Tribes |
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| Jharkhand Network |
| Jharkhand Network is the first ever biggest network of entire Jharkhand region i.e. spreading over North Eastern Part of India. It's target groups are Development Professionals, Media & IT experts, Researchers & University Students, Policy makers, Bureaucrats and NGOs Officers those could really hold the power to affect professionally to bring change at great land of Jharkhand. Click here to know more....
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| Jharkhand Messenger |
| Jharkhand Instant Messenger (J-iM) is an integrated part of the J'khand Online Network, where any one can post his/her messages instantly. Here, messages are not moderated at all and you may get reply via e-mail of your instant posts as well. This is just for sharing casual scraps and seasonal greetings instantly to your loving community circle. Click here to know more....
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| Jharkhand Video |
Jharkhandi World presents your One Stop Colorful Destination, the first ever biggest 'Jharkhandi Music Video Blog' to share colorful music videos of following regional languages - Jharkhandi, Bihari, Bengali, Oriya and Chhatisgarhi.
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| Jharkhand Live Chat |
Jharkhand Live Chat is an integrated part of Jharkhand Network, that let you to live connect with other Jharkhand Region friends, where you can use Public or Private Live Chat with any friend and make lot of new friends from Jharkhand Region.
Click here to Live Chat now
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| Jharkhand Database |
| Jharkhand e-Database is the first biggest database of Jharkhand region people. It Gives brief idea about Members’ name, native place, designation, present city of stay and direct contact no.
Click here to access it now...
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| Jharkhand News |
| Jharkhand News Network has recently started electonically published news compilations (with source id), unpublished reporting news collections from A Global Network of Network's members and circulation by its moderators desk based at various city in India.
Here, you may receive a colorful copy Jharkhand News everyday directly inbox of your E-mail if you become member of A Global Network of Jharkhand. Click here to subscribe free...
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| Jharkhand Language |
| Jharkhand Region has been an origin of various languages such as Hindi, Nagpuri, Mundari, Kharia, Kurux, Khortha, Santhali, Ho, Sadri, Oraon, Bengali, Bhojpuri, Maithli & Oriya etc; Here, Jharkhand Online Network is trying to connect native speaker of above languages to grow an online community. To know more please click here...
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| Jharkhand Minerals |
| Mineral rich Jharkhand Region has mines of following minerals - Apatite, Asbestos, Barytes, Bauxite, China clay, Chromite, Cobalt, Copper ore, Dolomite, Feldspar, Fireclay, Garnet, Gold ore, Granite, Graphite, Iron ore, Hematite, Magnetite, Kyanite, Limestone, Manganese ore, Mica, Nickel ore, Quartz, Quartzite, Sillimanite, Sillimanite, Talc, Stealite, Soapstone, Titanium, Tmenite, Rutile, Vermiculite & Coal etc. To know more please click here... |
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| Managing the Economics of Minerals |
At long last, proactive reforms seem in the offing for the minerals and mining sector, after years of policy dithering and plain inaction. The Cabinet has reportedly okayed the revamped national mineral policy, so as to fast-forward policy change. What’s envisaged is independent oversight, more realistic ad valorem royalty rates, and, generally speaking, a rule-based policy regime.
High time, really. A transparent investment environment in mining and minerals would actively coagulate funds, with huge payoffs right across the board. The policy objective needs to be to overcome the large investment backlog in minerals and mining, vouch for sustainable development and move towards market-determined domestic ore prices.
The value of mineral production, other than petroleum and natural gas, was estimated at Rs 30,675 crore for 2000-2001, going by official figures. But the real value would clearly be far higher, given the panoply of distortions in the mineral economy. There’s also much potential as well. India, after all, is “endowed with significant mineral resources.” We produce 85 minerals at the last count, including 11 metallic and 52 non-metallic extracts. However, the fact remains that there is much under-investment in mining capacity and productivity levels here remain much too low, seen against global norms.
It is in this context that proactive policy makes perfect sense. Note that the long-run availability of mineral resources is fundamentally a geological and technical issue. But the short-to-medium-term reliability of supplies is primarily an economic and political issue. Besides, in the here and now we are no longer seeing stagnating demand, surplus capacity, and inevitably falling mineral and metal prices over the secular period, as happened in the late 1980s and 1990s. In-stead, there’s surprisingly large and continuing growth in demand for most minerals and metals. Hence the real prospects for an extended period of relative hardening of sectoral prices.
The policy framework does need to explicitly consider minerals as wealth. We do need to junk the extant system of rock-low royalty rates, which remain unrevised for years. Minerals, after all, have considerable potential to create well being. The way ahead is to mine and develop mineral resources that are technically appropriate and environmentally sound. Also, the entire process needs to be fair to all “stakeholders,” including those affected by mining.
As for “sustainability,” the fact remains that mineral wealth needs to be created before it can be sustained. Undeveloped mineral resources represent no more than potential wealth. And even if mining itself is not quite sustainable at a specific location, the economic benefits can certainly be made wholly self-sustaining, with proper policy design.
The point is that a non-renewable mineral resource can be made into a completely renewable resource, by diverting a portion of mining revenues for investing in human capital, and social and physical in-frastructure. Which is why the move to levy ad valorem royalty, cess and other levies, of rates linked to ore value, is not a day too soon. In any case, for development to be sustainable, wealth—broadly defined to include both natural and human—ought to surely increase.
Fortunately, income-poor states like Orissa, Jharkhand and Chhattisgarh are well endowed with mineral resources. What’s needed is political consensus to concretise long-pending investment proposals and end the dither. It’s been going on for years.
The mineral policy now in the works needs to streamline the process of approvals for reconnaissance, exploration and on to grant of mining lease, in reasonable time. We cannot continue with the present ground reality of constant delays and everyday opacity in minerals.
The overhaul of mineral mining norms in the offing is billed to include institutional mechanism for independent oversight and dispute resolution, when it comes to policy follow through. In tandem, what’s required is well-drafted legislation and sound legal provisions for investor comfort. Otherwise, a panoply of litigation and long-winded court procedures may put a spanner in the works, in minerals and metals.
It’s not farfetched to say that the world will never really run out of non-renewable resources. This is partly due to the fact that metals like aluminium and steel are 100% recyclable. But more importantly, long before the last tonne of bauxite or ferrous ore is extracted from the earth’s crust, demand would doubtless fall to zero.
The standard models in mineral economics do suggest sharp rise in production costs as high quality, low-cost deposits are exhausted. Concurrently, new technology would likely shift demand toward cheaper substitutes.
Given the distinct economics of minerals, the long-run trends in prices, production costs, or other societal measures of the costs involved in obtaining an extra unit of a mineral resource do provide better indicators of availability. Instead of endlessly worrying about resource depletion and on best husbanding ores, we need to mine, value-add and industrialise with renewed gusto.
economictimes.indiatimes.com/articleshow/msid-2890116,flstry-1.cms |
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