Income and Employment Generation by Mining Industries in the state of Karnataka and Ballari district

Channabasavaiah H M and Prof Venkata Naidu G

MPRA Paper from University Library of Munich, Germany

Abstract: Mining is an essential industry that will provide key materials needed for the country’s infrastructure development. Mining is one of the core sectors and growth driver of Indian economy. Minerals and ores provide basic raw materials to many important industries like power generation (thermal), iron and steel, cement, petroleum and natural gas, petrochemicals, fertilizers, precious and semi-precious metals/stones, electrical and electronics equipment, glass and ceramics. Karnataka has the distinction of being the principal gold producing State in the country. The State is the sole producer of felsite and one of the leading producer of iron ore, chromite, dolomite, dunite, kyanite and shale. Karnataka hosts the country's 79% vanadium ore, 72% iron ore (magnetite), 65% corundum, 42% tungsten ore, 36% asbestos, 27% limestone, 21% gold ore (primary), 20% granite (dimension stone), 20% manganese ore, 17% dunite, 13% kyanite and 10% PGM (metal) resources. In the State, the Department of Mines and Geology, is responsible for the effective and efficient administration of these mineral resources, which are raw materials for various industries. The present study focuses on Manganese and Iron ore production and dispatch for a period of 10 years in Karnataka and in Ballari district also focus on average daily employment and revenue generated by mining sector.

Keywords: Manganese and Iron ore production; Employment; and revenue generated by the mining sector. (search for similar items in EconPapers)
JEL-codes: J81 L7 L70 O1 (search for similar items in EconPapers)
Date: 2021-09, Revised 2021-11
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Published in Mukt Shabd Journal XI.X(2025): pp. 123-132

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