{"id":416682,"date":"2021-05-24T11:17:48","date_gmt":"2021-05-24T05:47:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=416682"},"modified":"2021-05-24T12:39:53","modified_gmt":"2021-05-24T07:09:53","slug":"mining-turn-closed-mines-into-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mining-turn-closed-mines-into-assets\/","title":{"rendered":"Mining: Turn closed mines into assets"},"content":{"rendered":"<p>India needs clearer regulatory prescriptions, with better technical and financial systems, to minimise the environmental and safety hazards emanating from abandoned or exhausted mines, and unlock the economic potential of these land parcels. <\/p>\n<p>The mining sector has been one of the prime movers of the economy, contributing ~2.5% to the GDP as of FY20. However, while its benefits are clear, the sector\u2019s environmental impact (land degradation, water and air pollution) and socio-economic costs (health hazards, alteration of social structure, etc) have not been addressed adequately. <\/p>\n<p>There have been some reforms, of course. For instance, miners are required to submit progressive mine closure plans for five-year periods from the beginning and a final mine closure plan near the end of the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India needs clearer regulatory prescriptions, with better technical and financial systems, to minimise the environmental and safety hazards emanating from abandoned or exhausted mines, and unlock the economic potential of these land parcels. The mining sector has been one of the prime movers of the economy, contributing ~2.5% to the GDP as of FY20. However, while its benefits are clear, the sector\u2019s environmental impact (land degradation, water and air pollution) and socio-economic costs (health hazards, alteration of social structure, etc) have not been addressed adequately. There have been some reforms, of course. For instance, miners are required to submit progressive [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-416682","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=416682"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416682\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=416682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=416682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=416682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}