VV Mineral Mining Explains The Problems Faced By Mining Industries Due To Delay In Processing Leases

The mining sector has suffered heavily due to the pending mining leases. Over 3000 applications are said to have been pending due to long application process. V Subramanian, Director of VV Minerals said, "The long drawn and protracted mining lease application process involving 28 ministries and departments at state and central government levels, leading to a total gestation time of more than 2800 days (nearly 8 years) was severely impacting the industry."