Centre for Techno Economic Policy Options
The Centre for Techno Economic Mineral Policy Options is an Agency of the Ministry of Mines Government of India. Background In 1988, the Ministry of Mines convened a Technical Planning and Policy Committee (TPPC) to administer the Mines and Minerals (Development and Regulation) Act (1957). The first Indian National Mineral Policy (1993) sought to incentivize private sector investment in mining and exploration. In 1994, a government committee, the Wadhawan committee, consulted relevant stakeholders, including offices of statistics and non-government organisations and suggested the TPPC be replaced by an autonomous registered association which could give the stakeholders appropriate non-binding advice. Instead, the Government of India convened a committee, the Hoda committee, to consider the matter further. In 2006, based on the recommendations of the Hoda committee, the Government of India announced the National Mineral Policy (2008). This policy was to give incentives to encourage the private sector in exploration and mining. Low grade ores would be used through beatification and mining operations would be conducted within a sustainable development framework. In 2009, the TPPC was replaced by the Centre for Techno-Economic Mineral Policy Options was created. The remit for the centre was based on the "100-day Agenda" of the Ministry of