**Executive Summary**
Union Minister Shri G. Kishan Reddy addressed the Pravasi Rajasthani Divas Celebrations, emphasizing the Indian diaspora's vital role in elevating India's mining potential. He highlighted the Indian diaspora's contribution to investments, innovation, and opportunities and India's mining sector standing at a moment of immense possibility. This announcement was released on December 11, 2023.
**Key Points / Main Content**
* **Indian Diaspora's Role:**
* The Indian diaspora's role is vital in elevating the mining potential of Rajasthan and India.
* The diaspora brings investment, innovation, and new opportunities, and carries India's image, values, and potential globally.
* Collaboration with institutions like KABIL is encouraged to strengthen India's strategic capabilities in overseas critical mineral acquisitions.
* **Rajasthan's Mining Sector:**
* Rajasthan is a treasure house of mining heritage and a pioneer in mineral extraction and mining technology.
* Rajasthan is the backbone of India's mineral security and a major producer/exporter of marble, granite, sandstone, and slate.
* **India's Mining Sector Reforms:**
* The sector is driven by cooperative and competitive federalism.
* Historic reforms include a transparent auction system, greater private sector participation, 100% FDI in exploration, and improved Ease of Doing Business.
* The National Critical Minerals Mission aims to make India self-reliant in critical minerals, with an outlay of ₹34,300 crore.
* **Recent Initiatives and Focus:**
* Exploration Licenses have been auctioned to boost private sector participation.
* The ₹1,500 crore Recycling Scheme aims to create an annual potential of around 3 lakh tonnes and recover 40,000 tonnes of critical minerals annually by 2030.
* There is increased private sector participation in commercial coal mining, leading to enhanced production and efficiency.
* There is special focus is being placed on coal gasification.
* Underground coal gasification blocks have been auctioned for the first time in the country.
**Impact Analysis**
**Global Indian Community**
* **Impact**: Called upon to join hands to make Rajasthan a capital of opportunities and India a global mining powerhouse.
* **Action Required**: Participate in India's mining sector and collaborate with institutions like KABIL.
**Indian Diaspora**
* **Impact**: Vital for realizing the opportunities in India's mining sector.
* **Action Required**: Bring their energy, vision, and global experience to contribute to the sector's growth.
**Investors**
* **Impact**: The mining sector holds tremendous opportunities for large scale investments.
* **Action Required**: Invest in the Indian mining sector.
**Private Sector**
* **Impact**: Enhanced participation and opportunities in exploration and coal mining.
* **Action Required**: Engage in exploration, commercial coal mining, and the recycling scheme.
Key Entities Referenced
National Critical Minerals Mission: Aims to make the country self-reliant in critical minerals with an outlay of ₹34,300 crore.
Recycling Scheme: A ₹1,500 crore scheme that aims to create annual potential of around 3 lakh tonnes and ensure the recovery of around 40,000 tonnes annually of critical minerals by 2030.
Ministry of Mines: Government ministry responsible for coal & mines, overseen by Union Minister Shri G. Kishan Reddy.
Rajasthan: Mentioned as having vast natural resources and is a pioneer in mineral extraction and mining technology since ancient times.
KABIL: Institution that Indian diaspora are encouraged to collaborate with for overseas critical mineral acquisitions.
Ministry of Mines
Diaspora Key to Taking India’s Mining Potential
to Global Standards: Union Minister Shri G.
Kishan Reddy
प्रव तथ: 11 DEC 2025 5:18PM by PIB Delhi
Union Minister of coal & mines Shri G Kishan Reddy took part in the Pravasi Rajasthani Divas
Celebrations held in Jaipur on Wednesday.
Extending his heartfelt greetings to all Pravasi Bhartiya, Union Minister of Coal and Mines Shri G. Kishan
Reddy said that despite living far from home, the Indian diaspora remains deeply connected to the soul of
India. He said that Indian diaspora contributes far beyond remittances, bringing with them investment,
innovation and new opportunities. Recalling Prime Minister Narendra Modi’s description of the diaspora
as ‘Rashtradhoot’, Shri Reddy said they carry India’s image, values and potential to every corner of the
world. Minister said that India diaspora’s role will be vital in elevating the mining potential of not only
Rajasthan but the entire country to international standards.
Highlighting Rajasthan’s vast natural resources, Shri G. Kishan Reddy said that the state is not only the
jewel of India’s cultural heritage but also a treasure house of mining heritage. He noted that Rajasthan has
been a pioneer in mineral extraction and mining technology since ancient times. Even today, he said,Rajasthan remains the backbone of India’s mineral security. The State stands out as a major producer and
exporter of marble,,granite, sandstone and slate.
The Minister noted that India’s mining sector today is driven by the principles of cooperative and
competitive federalism, which form the foundation of its growth potential and the country’s mineral
security. It is this framework, he said, that enables the nation to harness the true potential of every state.
Shri Reddy highlighted that under the leadership of Prime Minister Narendra Modi, the mining sector has
witnessed historic reforms, including the introduction of the transparent auction system, greater
participation of the private sector, permission for 100% FDI in exploration, and substantial improvements
in the Ease of Doing Business.
Shri G. Kishan Reddy stated that new investments and the adoption of modern technologies are unlocking
significant opportunities in India’s mining landscape. He highlighted the National Critical Minerals
Mission, with an outlay of ₹34,300 crore, which aims to make the country self reliant in critical minerals.
For the first time, Exploration Licenses have been auctioned. With seven blocks successfully auctioned,
this initiative is expected to boost private sector participation and accelerate exploration efforts in the
country, he said. Minister pointed out that the ₹1,500 crore Recycling Scheme launched by the
government aims at creating an annual potential of around 3 lakh tonnes and ensuring the recovery of
around 40,000 tonnes annually of critical minerals by 2030.
The Minister also said that the coal sector in India has undergone a complete transformation in recent
years. He noted that commercial coal mining has significantly increased private sector participation,
leading to enhanced production, stronger competition and improved operational efficiency. Shri Reddy
highlighted that under the leadership of Prime Minister Narendra Modi, special focus is being placed on
coal gasification, which is opening up substantial investment avenues. Minister also highlighted that
underground coal gasification blocks have also been auctioned for the first time in the country.The Minister said that India’s mining sector holds tremendous opportunities available for large scale
investments and enhanced global competitiveness. The Minister underlined that the role of Indian diaspora
will be crucial in realising these opportunities. He said that India’s mining sector is standing at a moment
of immense possibility and requires the energy, vision and global experience of the diaspora. He
encouraged them to collaborate with institutions like KABIL in overseas critical mineral acquisitions to
strengthen India’s strategic capabilities. Concluding his remarks, Shri Reddy called upon the global Indian
community to join hands in making Rajasthan a capital of opportunities and India a global mining
powerhouse.
****
Shuhaib T
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