The Hindu·4 min read·medium

Mine closure opens opportunities in circular economy but needs coordinated efforts

S
Santosh V. Perumal
Mine closure opens opportunities in circular economy but needs coordinated efforts
AI Summary

The Indian government has allocated a ₹40,000-crore corpus to transition from an 'extract-and-abandon' mining model to a circular economy. This initiative focuses on ecological restoration, community development, and creating green employment opportunities in regions where mining operations have concluded.

The ₹40,000-crore mine closure corpus , which the Union government has earmarked, signals a beginning of new economic lifecycle, wherein future generations inherit thriving ecosystems.

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