Minerals are limited and non-renewable resource, and must be exploited prudently in the larger interest of the country. Over the years minerals and mineral based industries have made significant contributions to the economy and the national well being. The Economic Development Policy (EDP) 2010 envisages the mining sector to play an important role in supply of raw material for industries and construction materials for development projects.
While mineral exploitation brings about increased economic activity and development, it can have adverse social and environmental consequences, which must be adequately addressed and
managed in the interest of well being of all the citizens of the country. A properly planned, efficiently regulated and professionally managed mineral industry can make a significant contribution to national development and achievement of GNH. The Policy seeks to establish the framework for managing the country’s mineral resources and developing its mineral industry.