New Delhi, Nov. 3 -- A session was held by the PHD Chamber of Commerce and Industry (PHDCCI), where suggestions were made regarding the creation of an exclusive Department for Critical Minerals.
Anil Chaudhary, Senior Member, Minerals & Metals Committee, PHDCCI and former Chairman, SAIL, suggested creation of an exclusive Department for Critical Minerals since the value chain requires a holistic approach and inter-ministerial coordination; consider stockpiling and keeping buffer inventories as done by the US in oil & gas sector; incentivize private sector for investing in critical mineral exploration and processing; reducing bureaucratic hurdles.
The remarks were made during PHDCCI's Brainstorming Session on "Critical Minerals: Way Forwar...