Question

Jharkhand is rich in all types of minerals resources . Reason out​

Answer 1

Answer:

It is rich in mineral resources because Jharkhand is situated in a plateau and we all know that plateaus are rich in minerals.

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Answer 2

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Jharkhand is fabled the world over for its super-rich mineral reserves. As the repository of 40% of the nation s minerals, the state has been an instant draw with some of the biggest names in the domestic and global corporate turf. From ArcelorMittal, Tata Steel, Jindal Steel & Power, Jindal South West to the Ruias of Essar, they ve all come to Jharkhand to access its prized mines, in turn, galvanising industrial activity like never before.

But all that could change. For instance, with the Jharkhand government deciding to regulate access to iron ore in its apparent bid to jettison non-serious players, is industrialisation about to hit an air pocket in the state? While the move is being seen as a pragmatic one in government and industry circles, given that a state s mineral reserves are a finite resource, a possible flight of steel companies to rival eastern states pursuing a more open arm mineral policy isn t entirely being dismissed. It s a different matter that Jharkhand s biggest potential rival, Orissa, which has a wealth of quality iron ore reserves to last a 100 years, also appears to be thinking on similar lines to weed out non-serious steel companies by recasting its mineral policy.