New Delhi: The Noamundi Iron Mine (NIM) of Tata Steel has been accorded the ‘Five Star rating’ for sustainable development in FY17. This is for the 2nd consecutive year that NIM has been bestowed with this award. The award ceremony was organised today during the 3rd National Conclave on Mines & Minerals in New Delhi.
Mr Chanakya Chaudhary, Group Director (Corporate Communication & Regulatory Affairs), Tata Steel received the award on behalf of Tata Steel from Mr Narendra Singh Tomar, Union Minister of Rural Development, Panchayati Raj and Mines.
Speaking about the sustainable development in mines, Mr Chanakya Chaudhary said: “This award is a testimony to our sustainable mining practices and it further reinforces our commitment towards sustainable development. It has always been our effort to ensure that the socio-economic benefits of sustainable development are widespread and positively impact stakeholders and communities around our areas of mining operations.”
The ‘star rating of mines’ system aims at promoting sustainable developmental practices, which includes addressing social impact of resettlement and rehabilitation, among others. The star rating scheme is designed to have a built-in compliance mechanism for environment and forest safeguards and help in recognizing good performers in the sector while encouraging all mining lease holders to strive for excellence.