The mining sector has suffered heavily due to the pending mining leases. Over 3000 applications are said to have been pending due to long application process. V Subramanian, Director of VV Minerals said, "The long drawn and protracted mining lease application process involving 28 ministries and departments at state and central government levels, leading to a total gestation time of more than 2800 days (nearly 8 years) was severely impacting the industry."

1. VV Mineral Mining Explains The
Problems Faced By Mining
Industries Due To Delay In
Processing Leases

2. The mining sector has suffered heavily due to the
pending mining leases. Over 3000 applications are
said to have been pending due to long application
process.
http://vvmineral.wordpress.com

3. V Subramanian, Director of VV Minerals said, "The
long drawn and protracted mining lease application
process involving 28 ministries and departments at
state and central government levels, leading to a total
gestation time of more than 2800 days (nearly 8 years)
was severely impacting the industry."
http://vvmineralmining.wordpress.com

4. The founder and CEO of
this 20 year old mining VV
Mineral company
addressed, “China dumping
titanium products in Indian
market has made it difficult
for Indian companies to
operate.”
http://vvmineral-mining.blogspot.in

5. The mining industry faces
cost and regulator
challenges that impacts
high excise duties on
ilmenite. This results in the
loss of revenue and
opportunity cost for
emerging industry, adds VV
Mineral Vaikundarajan.
http://vvmineralmining.blogspot.in

6. V Subramanian further added, “In the absence of
any anti-dumping duties, a high excise duty cost
was making the product lines furthermore
unviable. This leads to not just loss of revenue
and opportunity cost for the emerging industry,
but also underestimates the potential of a sector
which could yield nearly Rs. 30,000 crore in
annual turnover and correspondingly, loss of tax
revenues for central and state governments.
http://vvmineralblog.wordpress.com

7. India has a huge replenishable resource of beach
sands. It contributes to about 30% of total global
reserves of premium heavy minerals and rare earth
elements.
http://vvmineral.wordpress.com

8. “Unfortunately, India accounts only a 3% share in
the global heavy minerals market. By setting up a
timely process to authorize the lease, India can
unleash a whole new economic paradigm as far as
the mining sector is concerned,” VV Mineral
Vaikundarajan explains.
http://vvmineral-mining.blogspot.in

9. V.V. Mineral Blogs @
http://vvmineralblog.wordpress.com
http://vvmineral.wordpress.com
http://vvmineralmining.wordpress.com
http://vvmineral-mining.blogspot.in
http://vvmineralmining.blogspot.in

10. Social Media @
https://www.facebook.com/vvmineralmining
https://twitter.com/vvmineralsindia
https://plus.google.com/115427745398374600571