Government launches auction of 18 critical and strategic mineral blocks

Government launches auction of 18 critical and strategic mineral blocks

Daily Current Affairs   /   Government launches auction of 18 critical and strategic mineral blocks

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Category : Miscellaneous Published on: March 02 2024

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  • In line with the country's ambition to generate 50 percent of its electric power from non-fossil sources by 2030.
  • India has launched the auction of 18 critical and strategic mineral blocks valued at around 30 lakh crore. 
  • While launching the second tranche of the mining auctions in New Delhi, Coal and Mines Minister Government's efforts are aligned with global sustainability goals, emphasizing responsible exploration and extraction of critical minerals.
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