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UP’s mining policy has emerged as a model of transparency and technological efficiency: CM Yogi Adityanath | | |  Early Times Report
Lucknow, June 29: Chief Minister Yogi Adityanath has emphasized the crucial role of the mining sector in Uttar Pradesh’s journey towards achieving a one trillion-dollar economy. He noted that the sector has evolved beyond just mineral extraction to become a key driver of economic growth, investment attraction, and local employment generation. During a comprehensive review meeting of the Department of Geology and Mining held on Sunday, the Chief Minister stated that the state's mining policy has now emerged as a model of transparency and technological efficiency. Highlighting the department's performance, he noted that mineral revenue has recorded an average annual growth rate of 18.14% between FY 2021– 22 and FY 2024– 25. In FY 2024–25, revenue from major minerals stood at Rs 608.11 crore. Remarkably, in just the first two months of FY 2025–26, the state has already generated Rs 623 crore in revenue—reflecting the sector’s consistent growth and the department’s operational effectiveness. The Chief Minister was informed that leases for major minerals such as phosphorite, iron ore, and gold have been successfully auctioned in recent years. He directed officials to expedite the composite licensing process further and ensure timely identification of potential mining zones along with the prompt preparation of geological reports. Emphasizing the impact of transparent and investor-friendly policies, the Chief Minister noted that prominent companies like JSW, Adani Group, Tata Steel, and UltraTech Cement have shown strong interest in investing in Uttar Pradesh. The department has undertaken substantial work across more than 70 sub-indicators to secure Uttar Pradesh a top position in the State Mining Readiness Index (SMRI). A 100% implementation of the Mine Surveillance System has been achieved in all mining districts, leading to significant improvements in the average timeline for environmental clearances and enhancing the overall transparency of regulatory procedures. The Chief Minister instructed that the remaining reforms be completed within the stipulated timeframe to ensure Uttar Pradesh attains ‘Category-A’ status in SMRI.
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