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Public sector enterprises play an influential role in the Indian economy. They promote public welfare and maintain a balance in regional investment. They also aim to provide essential services like education and health for free or at reduced prices. There are a lot of public sector enterprises in India that are working to make the lives of the people better.
Among those enterprises, Rajasthan State Mines and Minerals Ltd. is an ever-growing undertaking of the Government of Rajasthan. They are responsible for the production and marketing of non-metallic minerals. In this article, we will tell you how Rajasthan State Mines and Minerals Ltd. was founded. We will also brief you about the objectives of the company.
Rajasthan State Mines and Minerals Limited:
Rajasthan State Mines and Minerals Limited (RSMML) is an undertaking of the Government of Rajasthan which is primarily engaged in mining rock phosphate, lignite, SMS grade limestone and gypsum through its mines which are situated in various locations in Rajasthan. The state enjoys 81 different types of major and minor minerals. This is the reason why the work of mines is done in the state on an extensive level.
Rajasthan State Mines and Minerals Ltd. is a multiple location organisation founded in 1949 by a private company Bikaner Gypsum Limited (BGL). Later, in 1969 when rock phosphate in Jhamarkotra (Udaipur) was discovered BGL took all the responsibility to do the work of mining at Jhamarkotra mines.
To increase the profit of the company the government of Rajasthan acquired the company. The name of the company was also changed to Rajasthan state of Mines and Minerals Limited.
The work structure of this company is decided according to the type of minerals it is extracting from the particular place. This means that if a particular location has a lot of minerals then the majority of the resources of the company will be allocated to that region. Also, if a particular mineral requires a lot of machinery and manpower then the maximum financial resources will be allowed to that location.
Objectives of Rajasthan State Mines and Minerals Limited:
The primary objective of Rajasthan State Mines and Minerals Ltd. is to find new innovative technologies that help them in mining of minerals. It also aims to expand and diversify its mining business. The company also focuses on providing long term fuel supply to lignite based power projects. Several plans have also been made to set up wind energy farms at Jaisalmer.
Strategic Business Units and Profit Centres:
In total four minerals based Strategic Business Units and Profit Centres have been set up:
- Strategic Business Unit and Profit Centre – Rock Phosphate at Udaipur. Jhamarkotra Phosphate Rock Mine
- Strategic Business Unit and Profit Centre –Gypsum at Bikaner
- Strategic Business Unit and Profit Centre – Limestone at Jodhpur
- Strategic Business Unit and Profit Centre –Lignite at Jaipur
Conclusion:
We hope that you got to know a lot of new things about Rajasthan State Mines and Minerals Ltd.
The company which was founded in 1949 has grown a lot over these years and has found new ways to do mining of minerals. Since Rajasthan has a huge availability of minerals the company is doing the mining work on a large scale. It is primarily engaged in the mining of rock phosphate, lignite, SMS grade limestone and gypsum.
