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Rasal

Never Give Upย โ€ขย 6m

Mining & Quarrying in India: Role in GDP & Government Revenue The mining and quarrying sector is a key part of Indiaโ€™s economy, supplying raw materials for steel, cement, power and infrastructure. โ€ขGDP Contribution:The sector adds about 2โ€“2.5% to Indiaโ€™s GDP with a GVA of nearly โ‚น3.5 lakh crore in FY 2024-25. โ€ขRevenue to Government: States and the Centre earn through royalties, auctions, cesses and taxes. โ€ขCoal mining alone generated โ‚น1.5 lakh crore for states in the last decade. โ€ขIn 2024-25, Madhya Pradesh earned โ‚น10,000+ crore, and Chhattisgarh over โ‚น15,000 crore from mining. โ€ขEmployment: Hundreds of thousands are directly employed, with many more in dependent industries. โ€ขChallenges: Environmental issues, regulatory delays and limited exploration reduce growth. โ€ขFuture Outlook: With reforms, the government targets raising miningโ€™s share to 2.5% of GDP by 2026-27. Mining and quarrying provide steady GDP support and generate tens of thousands of crores annually for governments

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