Mining revenue rises 12.90% to ₹1,287 crore in Andhra Pradesh, says Minister
Andhra Pradesh's Minister for Mines and Geology announced a 12.90% increase in mining revenue for the 2026-27 period, reaching ₹1,287 crore. The government is focusing on transparency, AI-driven mineral mapping, and new policies to boost the sector's contribution to the state's economy.
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The revenue collected by the Mines and Geology Department from April to August of 2026-27 stood at ₹1,287.33 crore, a 12.90% increase over the corresponding period last year, Minister for Mines and Geology Kollu Ravindra said on Friday.
Revenue from major minerals increased by 53.50%, while that from minor minerals rose by 5.80%. In August alone, the department generated ₹311.57 crore, he said.
Addressing a meeting after inaugurating the Office of the Director of Mines and Geology at Mayuri Tech Park near Mangalagiri, Mr. Ravindra said that while generating revenue, the department should focus on providing services in a transparent manner.
He said the mining sector’s share in the State’s Gross Value Added (GVA) had increased from 2% to 2.09% and called for efforts to raise it to 3.70% by 2028-29.
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