These applications can be held by the ministry for years..... . It is hard to define the exact number, but due to various sources there are 2 to 3 thousands applications for prospecting licenses and reconnaissance permits pending. B
India is a quite simple country with quite simple rule to be applied - Size matters. Big Indian boys will play first. There is a handful of big private companies playing major roles in mineral sector. Nothing can happen without theirs consent.
IRL Price at posting:
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