1 month ago

India and Germany sign mine-closure pact

India and Germany sign mine-closure pact
India, Germany sign mine-closure pact · financialexpress.com

India and Germany signed an agreement to work together on closing mines in a scientific way.

This means they will use special methods to close mines that are good for the environment and create new opportunities for people living nearby.

India has already closed 42 mines this way and plans to close 147 more in the next few years.

They also made a big fund of $5 billion to help with this.

The government released a report called AAROH that shows how they are doing this.

They are also using special plants to turn mine water into drinking water and creating new jobs.

Key facts

Countries Involved
India, Germany
Agreement Partners
Ministry of Coal, GIZ
Funding Corpus
$5 billion (₹40,000 crore)
Community Development Allocation
25%
Mines Closed Scientifically
42
Mines to be Closed
147
Report Launched
AAROH
Technologies Used for Water Treatment
RO, UV, CDI

Quotes

Coal and Mines Minister G. Kishan Reddy

India’s minister of coal and mines

“"India has fundamentally transformed the philosophy of mine closure, viewing it not as the end of mining but as the beginning of new opportunities for people, communities and sustainable development."”
financialexpress.com

Sources

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