What are the key features of National Mineral Policy, 2019 Explain in brief.

Ask about National Mineral Policy, 2019 in India and to explain the main features.
The National Mineral Policy, 2019 was introduced in India with the objective of regulating the mineral sector, ensuring its sustainable development and addressing the concerns of stakeholders. It encompasses several key features, including:
  • Focus on environmental sustainability, social development and conservation of mineral resources
  • Introduction of a 'District Mineral Foundation' to ensure that communities affected by mining benefit from revenues generated in that area
  • Inclusion of a provision for the auctioning of mining leases to attract private sector participation and promoting efficient and optimal use of mineral resources
  • Streamlining of the process of granting mining leases and exploration licenses
  • Emphasis on the use of advanced technologies for mining operations
  • Development of an enabling framework for the exploration of deep-seated minerals and gas hydrates
Overall, the National Mineral Policy, 2019 aims to create a stable and conducive mineral exploration and exploitation environment, while prioritizing social and environmental sustainability.
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