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Rasal

Never Give Up • 4d

Mining & Quarrying in India: Role in GDP & Government Revenue The mining and quarrying sector is a key part of India’s economy, supplying raw materials for steel, cement, power and infrastructure. •GDP Contribution:The sector adds about 2–2.5% to India’s GDP with a GVA of nearly ₹3.5 lakh crore in FY 2024-25. •Revenue to Government: States and the Centre earn through royalties, auctions, cesses and taxes. •Coal mining alone generated ₹1.5 lakh crore for states in the last decade. •In 2024-25, Madhya Pradesh earned ₹10,000+ crore, and Chhattisgarh over ₹15,000 crore from mining. •Employment: Hundreds of thousands are directly employed, with many more in dependent industries. •Challenges: Environmental issues, regulatory delays and limited exploration reduce growth. •Future Outlook: With reforms, the government targets raising mining’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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