India to fast track mining lease

New Delhi: Wooing investments, India on Friday promised fast track clearances to mining lease applications of Australian companies. Commerce and industry minister Nirmala Sitharaman said that eight applications of Australian companies are pending in the country. Australian companies have applied for mining leases in the country and eight such applications are pending at different stages with the ministry of mines as well as the government of Rajasthan, Chhattisgarh, MP  and Orissa, she said. 

 

“We are going to follow them up. We will follow it up in such a way that they clear without hindrance as  we believe in ease of doing business and we do not want any thing that brings in rough edges,” she informed.