The mining industry in India is a major economic activity which contributes significantly to the economy of India. The gross domestic product (GDP) contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector, it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production. Indian mining industry provides job opportunities to around 700,000 individuals.[1]
As of 2012, India is the largest producer of sheet mica, 2015 the fourth largest producer of iron ore, alumina, chromite, and bauxite in the world. A coal and iron ore project is in the fifth largest reserve in world. India's metal and mining industry was estimated to be $106.4 billion in 2010.[2]
Mining in India has been prominent since ancient times. The field is noted for significantly contributing to the economy of the nation. However, the mining in India is also infamous for human rights violations and environmental pollution. The industry has been hit by several high-profile mining scandals in recent times.[2]
^"MINERAL AND MINING INDUSTRY IN INDIA January, 2010" (PDF). Archived from the original (PDF) on 16 December 2011.
^ ab"India mining industry 'out of control'". BBC News. 14 June 2012. Archived from the original on 2 January 2019. Retrieved 22 February 2021.
The mining industry inIndia is a major economic activity which contributes significantly to the economy of India. The gross domestic product (GDP) contribution...
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