State Mining Readiness Index in India has how many Indicators?
Show answer & explanation
Correct answer: A
Explanation
The State Mining Readiness Index in India has a total of four main indicators.
This index is designed to evaluate the performance of the mining sector of states and their future preparedness.
These four indicators are further divided into several sub-indicators, but the main pillars remain four.
The four key pillars of the index:
Resource Base: This assesses the quantity and diversity of mineral resources available in the states.
Regulatory Framework: This looks at the laws and regulations related to the mining sector and the efficiency of their implementation.
Investment Climate: This measures the state's ability to attract investment and the ease of doing business.
Operational Efficiency: This evaluates actual mining activities, infrastructure, and production speed.