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Income and Employment Generation by Mining Industries in the state of Karnataka and Ballari district
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Income and Employment Generation by Mining Industries in the state of Karnataka and Ballari district

Author

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  • H M, CHANNABASAVAIAH
  • G, PROF VENKATA NAIDU

Abstract

Mining is an essential industry that will provide key materials needed for the country’s infrastructure development. Mining is one of the core sectors and growth driver of Indian economy. Minerals and ores provide basic raw materials to many important industries like power generation (thermal), iron and steel, cement, petroleum and natural gas, petrochemicals, fertilizers, precious and semi-precious metals/stones, electrical and electronics equipment, glass and ceramics. Karnataka has the distinction of being the principal gold producing State in the country. The State is the sole producer of felsite and one of the leading producer of iron ore, chromite, dolomite, dunite, kyanite and shale. Karnataka hosts the country's 79% vanadium ore, 72% iron ore (magnetite), 65% corundum, 42% tungsten ore, 36% asbestos, 27% limestone, 21% gold ore (primary), 20% granite (dimension stone), 20% manganese ore, 17% dunite, 13% kyanite and 10% PGM (metal) resources. In the State, the Department of Mines and Geology, is responsible for the effective and efficient administration of these mineral resources, which are raw materials for various industries. The present study focuses on Manganese and Iron ore production and dispatch for a period of 10 years in Karnataka and in Ballari district also focus on average daily employment and revenue generated by mining sector.

Suggested Citation

  • H M, Channabasavaiah & G, Prof Venkata Naidu, 2021. "Income and Employment Generation by Mining Industries in the state of Karnataka and Ballari district," MPRA Paper 111676, University Library of Munich, Germany, revised Nov 2021.
    • Handle: RePEc:pra:mprapa:111676
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    More about this item

    Keywords

    Manganese and Iron ore production; Employment; and revenue generated by the mining sector.;
    All these keywords.

    JEL classification:

    • J81 - Labor and Demographic Economics - - Labor Standards - - - Working Conditions
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction
    • L70 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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