By Ajoy K. Das
The Indian government has worked out a blueprint aimed at liberalizing the policy framework of domestic mining, including tax incentives, co-mining of leasehold areas, and even partial funding of exploration projects.
The blueprint put out in public domain for discussion among various stakeholders is aimed at global resource developers to take up projects in India at a time when response from multinational miners to invest in the country in joint ventures with local companies have been tepid.
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