State Mining Readiness Index
Why in news?
The State Mining Readiness Index (SMRI) was launched by the Ministry of Mines in 2025 as part of the Union Budget 2025-26 to benchmark Indian states on their efficiency and sustainability in managing non-coal mineral resources.
Key Features of the State Mining Readiness Index
- Focuses on non-coal minerals including critical minerals important for industrial and green energy needs.
- Evaluates states on four performance indicators: auction transparency and efficiency, speed of starting mining operations, exploration investment, and sustainability in mining.
- Encourages healthy competition among states to improve mining governance.
- Tailors assessments to states’ mineral endowment to ensure fairness.
- Enhances transparency and accountability in mineral resource management.
- Serves as a reform benchmarking tool motivating states to improve mining policies.
- Facilitates sustainable mining practices supporting environmental and social responsibilities.
- Supports India’s strategic goals in mineral security and economic development.
- Category A (Mineral-rich states): Madhya Pradesh, Rajasthan, Gujarat topped this group.
- Category B (Moderate mineral resources): Goa, Uttar Pradesh, Assam led here.
- Category C (Limited mineral resources): Punjab, Uttarakhand, Tripura were top performers.
