Politics

Jammu & Kashmir Set for Major Industrial Boost as Ministry of Mines Launches Second Phase of Limestone Block Auctions

Published

on

New Delhi/Srinagar, May 11, 2026: In a major push to industrial and infrastructure development in Jammu & Kashmir, the Ministry of Mines will launch the second phase of limestone block auctions in the Union Territory on May 12, 2026, in Srinagar.Building on the successful beginning of mineral block auctions in the region, the Centre aims to unlock Jammu & Kashmir’s vast mineral potential and strengthen its contribution to the visions of Viksit Bharat and Atmanirbhar Bharat.

As part of the second phase, the Ministry of Mines, in collaboration with the Jammu & Kashmir Government, will auction 12 limestone blocks located in the districts of Anantnag, Rajouri, and Poonch. The auction includes both newly identified blocks and previously re-auctioned blocks, highlighting the government’s focus on maximizing mineral resources and ensuring continuous industry participation. The launch event in Srinagar will witness the presence of senior officials from the Ministry of Mines and the Jammu & Kashmir administration. The event will underline the Centre’s and the UT government’s shared commitment toward mineral development, industrial expansion, and inclusive economic growth in the region.

The limestone reserves fall mainly under the UNFC G3 and G4 exploration categories, indicating strong geological potential and substantial industrial-grade limestone deposits. These resources are expected to support key sectors such as cement, construction, and infrastructure, paving the way for accelerated industrial growth in Jammu & Kashmir.

The auction process will be conducted under the Mines and Minerals (Development and Regulation) Act, 1957, and the Mineral (Auction) Rules, 2015, through a transparent and competitive digital e-auction platform aligned with global best practices.

The Ministry of Mines stated that the successful auction and operationalization of these blocks are expected to generate significant revenue, create employment opportunities, strengthen industrial activity, and contribute to the inclusive development of Jammu & Kashmir while promoting scientific and sustainable mining practices.

Trending

Exit mobile version