The mandate of the committee is to review the present policy - the need for bringing in further transparency, balanced social and economic growth and sustainability of the mining industry. It will suggest recommendations for conservation, mineral development along with protection of the environment and measures to assess the carrying capacity of mining in states or regions.
Apart from that, the committee is expected to examine and make recommendations for the development of strategic minerals, review fiscal aspects conducive to the promotion of mineral exploration and development, including beneficiation and other forms of refinement. Also, the committee would suggest measures for improvement of survey and exploration of minerals, a database of mineral resources and tenements, scientific methods of mining, manpower development, infrastructure development, financial support for mining and research in mining.
The committee will submit its report by October 31.