+
FIMI requests reforms, says potential for job creation in the mining sector
COAL & MINING

FIMI requests reforms, says potential for job creation in the mining sector

The Federation of Indian Mineral Industries (FIMI) has reached out to Prime Minister Narendra Modi to seek intervention in order to bring about reforms that will increase and expedite growth in the mining sector. This could potentially create job opportunities for around 50 million individuals.

The apex mineral body has stressed on the fact that the industry is facing a high number of job losses and is in an immediate need for some improvement.

As reported, FIMI in a letter to the Prime Minister stated that the mining sector had the capability to provide employment opportunities directly to around 5 million. There was also mention of the sector’s past employment record which has been the third-largest job-generating area in the country. The letter also asserted that growth in the mining sector has benefitted job creation in states that have a lower per capita income than the national average like Jharkhand, Rajasthan, Odisha, Chhattisgarh and Madhya Pradesh. 

Keeping with India’s goal of becoming a USD 5 trillion economy and increasing GDP growth to 8 per cent, reforms to improve the condition of the sector will be required as it is a significant contributor. Currently, however, the contribution of the mining sector to the GDP is reducing.

The Federation of Indian Mineral Industries (FIMI) has reached out to Prime Minister Narendra Modi to seek intervention in order to bring about reforms that will increase and expedite growth in the mining sector. This could potentially create job opportunities for around 50 million individuals.The apex mineral body has stressed on the fact that the industry is facing a high number of job losses and is in an immediate need for some improvement.As reported, FIMI in a letter to the Prime Minister stated that the mining sector had the capability to provide employment opportunities directly to around 5 million. There was also mention of the sector’s past employment record which has been the third-largest job-generating area in the country. The letter also asserted that growth in the mining sector has benefitted job creation in states that have a lower per capita income than the national average like Jharkhand, Rajasthan, Odisha, Chhattisgarh and Madhya Pradesh. Keeping with India’s goal of becoming a USD 5 trillion economy and increasing GDP growth to 8 per cent, reforms to improve the condition of the sector will be required as it is a significant contributor. Currently, however, the contribution of the mining sector to the GDP is reducing.

Related Stories

Gold Stories

Next Story
Real Estate

AN EVENING TO REMEMBER!

Over the years, CWAB has evolved significantly—from an award rooted in industry perception to a rigorous, jury-driven recognition platform spanning multiple categories and embracing the entire ecosystem of the built environment. The industry’s regard for this journey was evident in the luminous presence of leading architects, builders, industry veterans, emerging talent and distinguished members of the jury.Even before the formal proceedings began, the evening came alive in the VIP room, where conversations flowed with with, humour and warm congratulations. Jury members and award winners m..

Next Story
Real Estate

Elevate Homes to Develop Premium Project in Gurugram

Elevate Homes, the integrated residential development platform established by Hines and Conscient Infrastructure, will develop a premium residential project in Sector 63A, Golf Course Extension Road, Gurugram. Spread across 10.5 acres with around two million sq. ft. of saleable area, the project is planned for launch later in 2026.Designed by global architecture firm Benoy, the development will feature globally inspired architecture, nature-led design and curated wellness-focused spaces. The project will offer more than 600 three- and four-bedroom residences, with a focus on liveability, susta..

Next Story
Real Estate

BPTP Skynest Wins Premium High-Rise Development Award

BPTP Limited has been recognised with the ‘Premium High-Rise Development of the Year’ award for its residential project BPTP Skynest at the Times Realty & Infrastructure Conclave 2026, held at Grand Hyatt, Gurugram.Located in Sector 80, Greater Faridabad, BPTP Skynest is designed as a premium high-rise residential development featuring contemporary architecture, thoughtfully planned homes and lifestyle-oriented amenities. The project comprises 504 residential units and incorporates biophilic design elements through 20 dedicated Sky Nests, landscaped green spaces integrated within the t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code