Jamshedpur, July: The Noamundi Iron Mine of Tata Steel has been conferred with the ‘Five-Star Award’ for undertaking mining activities in a sustainable manner.
The award was received by T V Narendran, Managing Director, Tata Steel, India & SEA, from the Union Minister of Steel and Mines, Narendra Singh Tomar in the National Conclave on Mines & Minerals at Raipur on July 4.
The ‘Star Rating of Mines’ system, which has been introduced recently, aims at promoting sustainable development practices, which includes addressing social impact of resettlement and rehabilitation, among others.
The star rating scheme is designed to have a built-in compliance mechanism for environment and forest safeguards and help in recognizing good performers in the sector while encouraging all mining lease holders to strive for excellence, a press communiqué issued by the steel major on Tuesday stated.
Narendran expressed happiness on receiving the award and said that Tata Steel is progressing towards scientific and efficient mining practices for a sustainable future. Tata Steel is always committed to adopting the best practices in mining that ensures minimal impact on the environment and the community.
In his address , Union Minister for Mines and Steel, Narendra Singh Tomar stressed that the GDP contribution of mining sector should go up to at least 6 percent from current 2.4 percent.
He hailed how the PM guided policy so that mining lease now can only be obtained through auction route. The National Mineral Exploration Policy was unveiled on the occasion.
The conclave was attended by Narendra Singh Tomar, Union Minister of Steel and Mines along with Shri Vishnu Deo Sai, Union Minister of State for Steel and Mines, Dr Raman Singh, Chief Minister, Government of Chhattisgarh, Amar Agarwal, Minister, Department of Commerce and Industry, Government of Chhattiagrh and Raipur MP Ramesh Bais, along with Balvinder Kumar, Union Mines secretary and Aruna Sunderrajan, Union Steel secretary.
The two-day conclave saw deliberations on topics like National Mineral Exploration Policy, Mineral Policy and Regulations, roadmap for mining sector and offshore mining rules. Atomic Mineral Rules and raw material scenario for steel sector was also discussed.
On the occasion, a round table was also organized along with the industry leaders to draw a roadmap for the mining sector.