Govt looking to address ‘issues, shortcomings’ in fixation of average sale price of minerals

The Mines Ministry is addressing the shortcomings that come when doing fixation of average sale price (ASP) of minerals. Till the New Mineral Index (NMI) is formulated for all minerals, the government has sought suggestions from various industry stakeholders. The  Confederation of Indian Industry (CII) informed that the development of the proposed uniform NMI for all minerals in line in order to tackle the ambiguities in the current ASP. This will resolve the irregularities of high ASP of […]