2-day conclave ‘MINCON 2019’ from 9th

Source: The Hitavada      Date: 08 Feb 2019 10:48:12


Business Bureau,

Government of Maharashtra through its Industries and Mining Department and the Maharashtra State Mining Corporation Limited (MSMC) is conducting a two-day conclave in association with Vidarbha Economic Development Council (VED) on February 9 and February 10 at Hotel Centre Point.

It will be inaugurated at 10.30 am in the presence of Devendra Fadnavis, Chief Minister of Maharashtra, Nitin Gadkari, Union Minister for Road and Surface Transport and Shipping, Hansraj Ahir, Minister of State for Home Affairs, Sudhir Mungantiwar, Maharashtra Minister for Finance, Planning and Forest, Subhash Desai, Maharashtra Minister for Industries and Minies, Chandrashekhar Bawankule, Maharashtra Minister for Energy and State Excise and Ashish Jaiswal, Chairman of MSMC. The topic of the conclave will be Minerals in Maharashtra Potential and Opportunities (MINCON 2019).

The conclave has been planned to highlight the untapped potential and entrepreneurial opportunities in the mining sector  in Maharashtra. The State of Maharashtra is very rich in mineral resources in spite of that exploration has not kept pace with the growth in demand. Exploration activity therefore must pick up rapid pace for this industry to flourish. It is need of the hour to encourage investment in exploration and even set-up mineral processing units. Thus, the conclave is being planned at a very relevant time where issues like limited participation of the private sector and unemployment, can be addressed.

The opening session takes up the state of mining in Maharashtra and way forwards for the State mining policy which is under formulation. The range of industry players and experts will also make audience aware about current mineral resource in Maharashtra along with demand and supply scenario. One of the agendas of this conclave is to explore virgin areas for exploration and identify opportunities to tap available resources for maximum value addition. This will give a platform to budding entrepreneurs to get a clear picture about the industry and its current state of affairs.

The two day event will also discuss the key aspects of the industry like environmental hazards, socio-economic growth potential, employment generation and substitution of river sand.  India in its current phase is witnessing rise in infrastructure development, automotive production along with strong growth expectations for the residential and commercial buildings.

As a result, there is growth in requirement of power, cement and steel that effectively aids demand for metal and mining sector. Our State is very rich in minerals like Iron ore, coal, manganese, bauxite limestone, dolomite, kainite, silica sand, among others, and there is certainly a way to look forward.

Delegates in huge number are expected to attend the conclave which aims to give a boost to glooming industry which has the potential to contribute in a big way to exchequer, employment generation and overall development of the State.  The Government’s revenue in the form of District Mining Fund (DMF) and National Mineral Exploration Trust (NMET) also contributes towards social cause and welfare of the society.