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Rajasthan's Mines Department Plans to Increase Revenue in FY25

  • 16 Apr 2024
  • 2 min read

Why in News?

The Rajasthan Department of Mines & Geology has developed a strategy to increase revenue during the current financial year (FY25).

Key Points

  • Rajasthan is one of the richest states in terms of availability and variety of minerals, producing over 57 types of minerals.
    • The mines department earned a revenue of over Rs 7,490 crore during FY2024.
  • A plan has been made to ensure daily monitoring by preparing a road map for exploration, drilling, preparing blocks and plots for auction, creating an auction calendar, and revenue collection.
  • According to the plan, better coordination with the concerned departments including forest, district administration, and police administration would be strengthened to stop illegal mining activities.
  • There should be a regular system for collecting the revenue due to the government so that there is no need to make much effort for recovery at the last moment.

Illegal Mining

  • Illegal mining is the extraction of minerals, ores, or other valuable resources from land or water bodies without the necessary permits, licenses, or regulatory approvals from government authorities.
  • It can also involve the violation of environmental, labor, and safety standards.
  • Government Initiatives Related to Mining
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