India is not supporting golden egg lays hens (Mineral Industries).

Government of India, Ministry of Mines and Federation of Indian Placer Mineral Industries published a “Report on State Best Practices in Mining” January 2025.

On going through the above said publication, there are some serious issues with respect to Tamilnadu State. All knows that, except food, cloth and wood products everything is only by way of mining. In the book the following is mentioned.

• Statewise mining contribution to the GDP, our neighbour states Andhra 2.43%, Telangana 1.93%, Karnataka 0.97%, but Tamilnadu 0.27%. Though Tamilnadu has huge reserve of valuable minerals our contribution to the GDP is very very less as per the above said record.
• The Mining Exploration budget by countries also India is last place of 206 Million USD, whereas Argentina 427, Peru 586, Mexico 607, Cilie 832, US 1820, Canada 2440 and Australia 2760. So exploration wise India is very poor.
• Average approval time for mining rights also India is the last place, whereas Colombia within 1 month, Botswana and South Australia below 2 months, Brazil 2 months, Cilie, 7 Months, Russia 12 Months, South Africa above 12 months, whereas average 26 to 36 months, that means 2 to 3 years. More over 90% applications take over 5 years.
• With respect to effective tax rate, India is the highest tax rate approximately 50% including DMF, Royalty and other taxes. Whereas Indonesia (west bapuva) 46%, Namebia 45%, South Africa, Australia, Canada 40% and Indonesia (Sulawesi), Chili 38%, Canada (Quebec) 34% and Mangolia 31%.

The above said report will establish that, how India destroy the mineral industry which is a golden egg laying hen, not only 50% tax, but also highest employment generating industry.  The relevant pages is extracted below.