{"id":15964,"date":"2023-11-15T12:54:49","date_gmt":"2023-11-15T12:54:49","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=15964"},"modified":"2024-02-01T11:00:41","modified_gmt":"2024-02-01T11:00:41","slug":"despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/","title":{"rendered":"Despite India being one of the countries of Gondwanaland, its mining industry contributes much less to its Gross Domestic Product(GDP) in percentage. Discuss.(150 Words 10 Marks)"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-gs-advance-and-mentorship-program-ampcsat?utm_source=Blog&amp;utm_medium=Link&amp;utm_campaign=GS+Advanced\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8.png\" alt=\"\" class=\"wp-image-43397\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure><\/div>\n\n\n<p>India, once part of Gondwanaland, sees its mining sector playing a modest role in GDP percentage. Despite geological roots, economic dynamics have diversified, with mining making a comparatively restrained contribution. The nation&#8217;s GDP draws strength from a spectrum of industries, showcasing India&#8217;s resilience and adaptability in economic evolution.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>UPSC Mains General Studies Paper \u2013 1 Mains 2021<\/strong><\/p><\/blockquote>\n\n\n\n<p><a href=\"https:\/\/edukemy.com\/blog\/upsc-mains-civil-services-ias-exam-question-paper-2021\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>UPSC Mains Civil Services IAS Exam Question Paper \u2013 2021<\/strong><\/a><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d3c27e00c15\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d3c27e00c15\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/#Approach\" title=\"Approach&nbsp;\">Approach&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/#Answer\" title=\"Answer\">Answer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/#Introduction\" title=\"Introduction\">Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/#Body\" title=\"Body&nbsp;&nbsp;&nbsp;\">Body&nbsp;&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/#Conclusion\" title=\"Conclusion&nbsp;&nbsp;&nbsp;&nbsp;\">Conclusion&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" title=\"In case you still have your doubts, contact us on 9811333901.&nbsp;\">In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/despite-india-being-one-of-the-countries-of-gondwanaland-its-mining-industry-contributes-much-less-to-its-gross-domestic-productgdp-in-percentage-discuss-150-words-10-marks\/#Visit_our_YouTube_Channel_%E2%80%93_here\" title=\"Visit our YouTube Channel &#8211;&nbsp;here\">Visit our YouTube Channel &#8211;&nbsp;here<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Approach\"><\/span>Approach&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Start with a brief intro of the keyword the \u201cmining industry\u201d with the context of India&#8217;s GDP (Gross Domestic Product).&nbsp;<\/li><li>Explain the Reasons behind this less percentage of contribution in India GDP.&nbsp;<\/li><li>Way forward \u2013Steps taken by the Government and their significance.&nbsp;<\/li><li>Conclusion accordingly.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Answer\"><\/span>Answer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>The mining industry refers to the sector involved in the extraction and processing of various natural resources from the Earth&#8217;s crust.India, being a part of Gondwanaland, possesses significant mineral resources such as coal, iron, mica, aluminium, and more. Currently, the mining sector&#8217;s contribution to India&#8217;s GDP stands at a mere 1.75%, which is significantly lower compared to countries like South Africa and Australia, where the mining sector contributes 7.5% and 6.99%, respectively.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Body\"><\/span>Body&nbsp;&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>The Reasons behind&nbsp; less percentage of contribution in india GDP: <\/strong>There are several reasons that can contribute to a relatively lower percentage of contribution to India&#8217;s GDP. Some of the common factors include:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Limited Industrialization:<\/strong> Certain regions or sectors of the economy may have limited industrialization, resulting in lower production and contribution to GDP. This could be due to factors such as lack of infrastructure, technology, skilled labour, or investment.&nbsp;<\/li><li><strong>Agriculture Dominance:<\/strong> Agriculture plays a significant role in India&#8217;s economy, employing a large portion of the population. However, the agricultural sector typically has a lower GDP contribution compared to industrial and service sectors. Dependence on agriculture can lead to a lower overall GDP percentage.&nbsp;<\/li><li><strong>Informal Sector:<\/strong> India has a significant informal sector, comprising unregistered and small-scale enterprises. These informal businesses may not be fully captured in GDP calculations, resulting in a relatively lower GDP percentage.&nbsp;<\/li><li><strong>Income Inequality:<\/strong> Income inequality is a persistent issue in India, with a significant wealth gap between different sections of society. Higher income brackets tend to contribute more to GDP, while lower-income groups have a relatively smaller share.&nbsp;<\/li><li><strong>Structural Challenges: <\/strong>India faces structural challenges such as bureaucratic hurdles, complex regulations, and inadequate infrastructure. These factors can hinder economic growth and limit the contribution to GDP.&nbsp;<\/li><li><strong>Regional Disparities:<\/strong> There are significant regional disparities in India, with certain states or regions having a stronger economic base and higher GDP contribution compared to others. Unequal development across regions can impact the overall GDP percentage.&nbsp;<\/li><li><strong>Population Growth:<\/strong> India has a large and growing population, which can influence the GDP percentage. With a larger population, the per capita GDP may be relatively lower even if the overall GDP size is significant.&nbsp;<\/li><\/ol>\n\n\n\n<p><strong>Way forward:<\/strong> The MMDR Amendment Bill, 2021, brings significant changes to the Mines and Minerals (Development and Regulation) Act, 1957, governing the mining sector in India. Here are the key points of the Bill:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Removal of end-use restrictions:<\/strong> Mines can now be utilised for various purposes as per the lessee&#8217;s discretion, eliminating the requirement for specific end-use reservations.&nbsp;<\/li><li><strong>Sale of minerals by captive mines:<\/strong> Captive mines, excluding atomic minerals, can sell up to 50% of their annual mineral production in the open market after meeting their own requirements, allowing them to generate additional revenue.&nbsp;<\/li><li><strong>Central government&#8217;s role in auctions: <\/strong>The central government can specify a time period for completing the auction process, and if the state government fails to do so, the central government can conduct the auctions.&nbsp;<\/li><li><strong>Transfer of statutory clearances:<\/strong> Statutory clearances granted to a mine will remain valid throughout the lease period of the new lessee, reducing administrative burdens.&nbsp;<\/li><li><strong>Allocation of mines with expired leases:<\/strong> Mines with expired leases may be allocated to government companies, ensuring continuity in mining operations by granting leases for up to 10 years or until a new lessee is selected.&nbsp;<\/li><li><strong>Extension of leases to government companies:<\/strong> The central government can prescribe the lease period for mining leases granted to government companies, which can be extended by paying additional amounts specified in the Bill.&nbsp;<\/li><\/ol>\n\n\n\n<p>These amendments aim to streamline the mining sector, promote ease of doing business, and encourage the participation of government companies in mining activities.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/UPSC-Essay-Course-1280\u00d7300-1-3.svg\" alt=\"\" class=\"wp-image-42688 lazyload\" width=\"781\" height=\"182\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 781px; --smush-placeholder-aspect-ratio: 781\/182;\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion&nbsp;&nbsp;&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Hence, To ensure the efficient utilisation of mineral resources, it is crucial to expedite the clearance process. It is imperative to strictly enforce mining regulations, particularly in relation to the prohibition of Rat-Hole mining and unscientific mining practices, in order to prevent mining accidents. A viable solution lies in prioritising the adoption of advanced technology for underground mining, which is employed by miners worldwide. By embracing high-end technology, the mining sector can enhance safety measures and optimise productivity.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p>For Daily Updates and Study Material:<\/p>\n\n\n\n<p>Join our Telegram Channel &#8211;&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Learn through Videos &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_here\"><\/span>Visit our YouTube Channel &#8211;&nbsp;<a href=\"https:\/\/www.youtube.com\/@ShabbirsEduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>India, once part of Gondwanaland, sees its mining sector playing a modest role in GDP percentage. Despite geological roots, economic dynamics<\/p>\n","protected":false},"author":17,"featured_media":17057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[185],"tags":[186,299,354,142,232,145,353],"class_list":["post-15964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-upsc-mains-solved-papers","tag-general-studies-1","tag-geography-general-studies","tag-history","tag-previous_year_questions","tag-upsc","tag-upsc-mains-question-paper","tag-upsc-model-answers"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/15964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=15964"}],"version-history":[{"count":5,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/15964\/revisions"}],"predecessor-version":[{"id":24772,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/15964\/revisions\/24772"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/17057"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=15964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=15964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=15964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}