Jharkhand is known for its rich store of minerals: therefore, mining in Jharkhand forms an integral part of the economy of Jharkhand.
In Jharkhand, the districts of Bokaro, Ranchi, Jamshedpur, etc. are known for their rich mineral reserves. Some of the important minerals mined in these areas, that forms a basis for mining at Jharkhand are:
- Asbestos
- Mica
- Bauxite
- Manganese
- China clay
- Fire clay
- Graphite
- Gold
- Kainite
- Chromite
- Copper ore
- Iron ore
- Coal
- Thorium
- Silver
- Limestone, etc.
It is noteworthy that these minerals form the foundation of all the major industries in Jharkhand, one of the biggest industrial belts in India.
Furthermore, it is noteworthy that the Mines and Geology Department of the Government of Jharkhand monitors the mining in Jharkhand. In Jharkhand, Mines and Geology Department checks the depletion of the mineral resources, as well as it works towards enhancing the prospects of mining at Jharkhand.
Jharkhand State Mineral Development
Jharkhand State Mineral Development is an endeavor of the Government of Jharkhand to consolidate the prospects of mining in Jharkhand. As the territory of Jharkhand is replete with mineral resources, therefore, Jharkhand State Mineral Development has adopted certain policies in order to utilize the mineral resources to its fullest extent. Some of the important policies of Jharkhand State Mineral Development are:- To make the procedures of mining easier
- Grant lease for mining
- Encourage joint venture projects
- Encourage foreign investment
- Use of modern technology
- Participation of Private Sector, etc.