Department of Mines & Geology
News Updates
2066-08-11
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  Government Policy and Legal Framework
 
Government of Nepal is committed to sustainable development of the mineral and petroleum/ natural gas resources. The policies outlined for mineral development are as follows:
• Develop mineral resources in the country for conveniences and economic welfare of the public as well as for speedy economic development of the country.
• DMG acts as:
* The primary policy-provider
* Administrative facilitators
* Provider of basic geological services to promote mineral based industries etc.
• Due priority will be given in exploration of construction materials and other nonmetallic minerals which can fulfill the present internal demand and provide quick economic return.
• Priority will be given to attract the public private entrepreneurs and international Investors to invest up to 100% in exploration and development of mineral/ petroleum resources
• Government is making efforts for integrated planning of geoscientific researches and implement them systematically
• Steps are taken to expand, improve, upgrade and efficient operation of National Seismological Center. Seismic hazard assessment will be made on workout parameters
• Necessary legislation will be provided to ensure that mineral development activities are carried out in an environment friendly manner in compliance with the mineral laws