ECONOMY
"That
economics is untrue which ignores or disregards moral values."
- M.K. Gandhi
India ranks among the world leaders in the production of iron ore, coal, and bauxite and produces significant amounts of manganese, mica, dolomite, copper, petroleum, chromium, lead, limestone, phosphate rock, zinc, gold, and silver. Annual production figures in the early 1990s included iron ore (53.7 million metric tons), coal (247.3 million), bauxite (5 million), manganese (1.8 million), and zinc concentrates (181,000). Annual petroleum production amounted to 201.9 million barrels, or about three-fifths of India's petroleum needs; the output of natural gas was 13.7 billion cu m (485 billion cu ft).
Mining