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From Gold to Diamonds: Madhya Pradesh Poised to Become India’s Mining Capital, Says CM Dr Mohan Yadav

State Leads Nation in Mineral Auctions, To Host Mineral Conclave in Katni on August 23
Indian Masterminds Stories

Bhopal/Katni: Madhya Pradesh is fast emerging as the mining capital of India, powered by an abundance of mineral wealth, investment-friendly policies, and technological innovation. Chief Minister Dr. Mohan Yadav, in a statement ahead of the Mineral Conclave scheduled in Katni on August 23, declared that the state’s mining success is strengthening both the local economy and India’s industrial ambitions.

Under Dr. Yadav’s leadership, Madhya Pradesh has taken a commanding lead in mineral auctions — securing first position nationally by auctioning 29 mineral blocks in 2022-23 alone. The state was also the first in India to operationalize the Centre’s critical minerals policy, setting benchmarks in the strategic mineral space.

National Recognition for Mineral Leadership

Madhya Pradesh’s achievements haven’t gone unnoticed. The state bagged the first prize in 2022 and second prize in 2025 at the All-India Mining Ministers’ Conference, recognizing its unmatched performance in mineral block auctions.

“Madhya Pradesh is not only rich in resources but also proactive in policy, which makes it a hub for mineral-based industrial growth. Our success is aligned with PM Modi’s vision of a self-reliant India,” said CM Dr Yadav.

Mineral Revenue Surges Past ₹10,000 Crore for First Time

In FY 2024–25, the state achieved a record-breaking 23% increase in mineral revenue collection, crossing the ₹10,000 crore mark for the first time – a sharp rise from ₹4,958 crore in FY 2023–24.

This performance is backed by transparent auctioning, investor-friendly reforms, and the successful auction of 103 mineral blocks, which are projected to generate ₹1.68 lakh crore in the future.

The Bhopal Mining Conclave in October 2024 drew investment proposals worth over ₹20,000 crore, further boosting the sector’s momentum.

Critical and Strategic Minerals: MP Takes the Lead

Madhya Pradesh is now a front-runner in critical and strategic minerals. Recent auctions have included

  • Graphite
  • Rock Phosphate
  • Gold
  • Manganese
  • Copper

Significant discoveries include:

  • Gold reserves in Jabalpur and Katni
  • Diamond reserves in Panna and Chhatarpur
  • Malajkhand copper mine (Balaghat) – India’s largest copper mine
  • Majhgawan diamond mine (Panna) – India’s only active diamond mine

Innovation Against Illegal Mining

Madhya Pradesh is employing cutting-edge tech to curb illegal mining

  • 41 AI-based e-checkgates being installed
  • Drone and satellite-based monitoring
  • Geo-tagging and 3D imaging of excavation sites

These measures ensure environmental compliance, transparency, and security across mining operations.

Development Through Mineral Fund

The state is also leveraging its District Mineral Fund (DMF) to drive grassroots development. So far

  • 16,452 projects have been approved in areas like education, health, sanitation, water, women and child welfare, and skill development
  • 7,583 projects have been successfully completed

This reinvestment of mining revenue into community development is creating sustainable impact on the ground.

New Milestones in Gold and Diamond Mining

Diamond Sector

  • Over 1 lakh carats of diamonds are extracted annually from Majhgawan (Panna)
  • An estimated 34.2 million carats of diamond reserves are found in Bandar block, Chhatarpur

Gold Sector

  • 5 gold blocks auctioned in Singrauli and Katni
  • Total 7.87 million tonnes of ore reserves identified

New large-scale gold discoveries in Sihora (Jabalpur) and Sleemanabad (Katni), with exploration indicating millions of tonnes of reserves

These developments are expected to be key highlights at the upcoming Mineral Conclave in Katni on August 23, where the focus will be on fostering industrial growth through mineral wealth.


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