Rajasthan strengthens its mining sector with rare earth, lithium and tungsten deposits, AI-based exploration, and record ₹17,778 crore revenue.

Rajasthan is continually advancing in the mining sector. Rajasthan constitutes the second largest sector in the nation. Major mineral blocks have also ascended to the second position in the auction. In Rajasthan, substantial deposits of key critical and strategic minerals such as rare earth elements, lithium, tungsten, niobium, tin, zirconium, rubidium, graphite, and phosphorite are present in significant quantities. The central government has also initiated the process of electronic auction. In the Siwana Ring of the state, encompassing Jalore and Nagaur, significant and rare deposits of Rare Earth Elements (REE) have been discovered in recent times. There are deposits of potash in the Hanumangarh-Sriganganagar tract and tungsten reserves in Nagaur.

The state possesses in excess of Rs 17,000 crore.

A successful survey has been carried out for 112 blocks of Major Minerals within the jurisdiction. During the current government’s two-year tenure, 73 significant mineral blocks have been successfully auctioned. Likewise, a new record has been established in the auction of 1209 minor mineral blocks. During the tenure of the Bhajanlal administration, a record revenue of 17,778 crore rupees was generated from the mining sector. With the initiation of the pre-embedding process for the auction of eight mineral blocks, Rajasthan has established itself as the foremost state.

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Concentrate on artificial intelligence and machine learning within the mining industry.

Rajasthan is now emphasizing the application of Artificial Intelligence and Machine Learning (AIML) in mineral exploration within the mining industry. Simultaneously, it will pursue innovation in the identification of strategic and critical minerals within mineral wastes and tailings. Bhajan Lal Government, during its first year in office, has advanced the Rajasthan Mineral Policy-2024, Rajasthan M. The Send Policy-2024 and the Rajasthan City Gas Distribution Policy-2025 have been promulgated. Assistance provisions have also been incorporated into the Rajasthan Investment Promotion Scheme (RIPS).

The state’s Gross Domestic Product will also experience an increase.

With the introduction of the new mineral policy, the state’s existing 3.4 percent contribution to GDP is projected to rise to 3.4 percent by 2029-30 and to 6-8 percent by 2046-47. The focus remains on progressing towards the goal of elevating the annual revenue from the mineral sector to one lakh crore. Similarly, the direct and indirect employment opportunities for approximately 35 lakh individuals in the mineral sector should be expanded to reach one crore.