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New mineral policy to attract FDI of $2.5 billion

The new National Mineral Policy (NMP) which seeks to ensure assured right in mineral concessions, envisages foreign direct investment of $2.5 billion annually. "FDI of about $2.5 billion per annum is expected in the mining sector from the fifth year of implementation of the new NMP,' mines minister Sis Ram Ola said.

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