[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-national-mineral-index-to-uplift-mining-sector":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},62,"National Mineral Index to Uplift Mining Sector","national-mineral-index-to-uplift-mining-sector","Discover how the new National Mineral Index is set to transform India's mining sector, streamline auctions, and boost domestic production.","\u003Cp>National Mineral Index to embrace the strong suits of the National Coal Index capturing subtleties from all price sources such as captive and non-captive mines etc, as well as reflect the true &amp; useful value of the minerals and will support the Indian mining sector.\u003C\u002Fp>\r\n\u003Cp>It will help in settling challenges faced by miners and states in the auction of limestone &amp; bauxite (Metal-Grade) blocks, resolve concerns of Royalty on Royalty where prices considered are independent of Royalty, DMF, NMET, and other taxes. It shall also provide a benchmark solution to current ambiguities in the ASP (Average Sales Price) system and prevent unlawful mining. Royalty, and other taxes can also be streamlined with introduction of this Index.\u003C\u002Fp>\r\n\u003Cp> Recent reform in the coal sector can help the country spare around ₹80,000 crores per year on account of coal import by augmenting production in the country. Moreover, the auctions are likely to generate a healthy revenue stream and create numerous employment opportunities. A competitive domestic aluminium segment with production capacity of 4.1 million tons will save yearly forex outgo of around ₹40,000 crores. In addition, it will attract fresh investment of ₹1.8 Lakh crores ($ 25 Billion) into the growing aluminium sector where demand is expected to double in next 5 years. With bountiful reserves of bauxite &amp; coal, India has the potential to be self-sufficient, competitive and be the global alternative to China. Toward this path, decision to permit joint auction of bauxite &amp; coal can uplift the aluminium sector.\u003C\u002Fp>\r\n\u003Cp>For more information: \u003Cstrong>www.cii.in\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2020\u002FroOZ6qzEIe8izS6X0mau.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJuly2020\u002FroOZ6qzEIe8izS6X0mau.jpg","2020-07-29T05:48:34+05:30","MWM Desk","News",0,"The new National Mineral Index will provide a benchmark to resolve pricing ambiguities and streamline royalty calculations for miners.\nJoint auctions of bauxite and coal are set to bolster the aluminium sector and enhance India's global competitiveness.\nThese reforms aim to boost domestic production, creating significant job opportunities and saving billions in foreign exchange expenditures.","India is taking a major step toward mining self-reliance with the introduction of the National Mineral Index. Designed to mirror the success of the National Coal Index, this strategic move addresses long-standing challenges in price discovery, royalty calculations, and block auctions for key minerals like limestone and bauxite. By replacing the current, often ambiguous Average Sales Price system, the index promises a more transparent and competitive landscape for industry stakeholders. Furthermore, the push for joint coal and bauxite auctions is a game-changer for the aluminium sector, potentially attracting ₹1.8 Lakh crores in new investment. As India positions itself as a global alternative to China, these policy reforms are essential for driving efficiency and economic growth across the mineral value chain. #MiningIndustry #IndianEconomy #IndustrialReform","India's new National Mineral Index is a game-changer for the mining sector! Streamlining auctions and royalty calculations will boost domestic output and reduce import dependency. A major step toward self-reliance. #MiningIndustry #IndiaEconomy","Big news for the mining sector! ⛏️ The introduction of the new National Mineral Index is set to bring much-needed transparency and efficiency to mineral auctions across India. By streamlining royalty systems and fixing price ambiguities, this reform is paving the way for a more competitive, self-reliant industry. 🇮🇳 From boosting our aluminium production to attracting massive new investments, the future of the sector looks brighter than ever. Big shifts are happening as we move toward becoming a global manufacturing powerhouse! 📈✨ #Mining #IndianIndustry #EconomicGrowth #Bauxite #CoalIndia #IndustrialNews #SelfReliantIndia",{"title":6,"description":8,"keywords":21},"national mineral index, indian mining sector, mining industry reform, bauxite mining, coal import, mineral auction, average sales price, mining royalties, industrial policy india",{"title":23,"slug":24,"imageUrl":25},"Spanish Machine Tool Sector Face More Challenges in 2020","spanish-machine-tool-sector-face-more-challenges-in-2020","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2020\u002FnrgSjPvqj23bRLIcGRG4.jpg",{"title":27,"slug":28,"imageUrl":29},"Dassault Systèmes to Transform Bouygues 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Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-ddwpfh.jpg","2026-07-31T02:17:58+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! 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