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In a set of recommendations to the government, industry body FICCI has sought deferment of royalty, DMF (district mineral fund) and NMET (National mineral exploration trust) by six months till the economic situation stabilises to help mining sector tide over the current crisis where commodity prices are freely falling and demand is contracting.

Industry seeks special package for metal, mining sectors post lockdown

Finance Minister Nirmala Sithraman said the government reviewed the impact of coronavirus outbreak in China on Indian industries and soon preventive measures will be announced to deal with turmoil faced by some Indian Industries.

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Industry seeks special package for metal, mining sectors post lockdown

Nirmala Sitharaman says preventive measures underway to deal with coronavirus impact on Indian Industries