India is critically deficient in the reserve and production of which o...
India is critically deficient in the reserve and production of copper.
- **Copper Reserve**: India has limited reserves of copper compared to other minerals. The country's total copper reserves are estimated to be around 410 million tonnes, which is relatively low compared to its iron ore and coal reserves. This scarcity of copper reserves in India affects its production capacity.
- **Copper Production**: India's copper production is significantly lower compared to its demand. The country heavily relies on imports to meet its copper requirements. The domestic production of copper in India is primarily from the states of Rajasthan, Jharkhand, and Madhya Pradesh. However, the production output is not sufficient to meet the demand, leading to a critical deficiency in copper supply.
- **Import Dependence**: India's copper demand is mainly driven by sectors such as electrical, electronics, construction, and infrastructure. The increasing demand for copper in these sectors has resulted in a rising import dependence. India imports a significant amount of copper from countries like Chile, Australia, and Zambia to fulfill its domestic needs.
- **Impact on Economy**: The critical deficiency in copper reserves and production impacts India's economy in several ways. Firstly, the heavy reliance on imports increases the trade deficit, as India has to spend a substantial amount on importing copper. This puts pressure on the country's foreign exchange reserves. Additionally, fluctuations in global copper prices can directly affect the cost of imported copper, impacting various industries that rely on copper for their operations.
- **Challenges and Future Outlook**: India needs to address the deficiency in copper reserves and production to reduce import dependence and strengthen its domestic copper industry. This can be achieved through exploration and development of new copper deposits, adoption of advanced mining technologies, and promoting investment in the copper mining sector. The government should also focus on encouraging domestic copper production and reducing reliance on imports through policy interventions and incentives.
In conclusion, India's critical deficiency in the reserve and production of copper has significant implications for its economy. Addressing this deficiency and promoting domestic copper production is crucial to reduce import dependence and strengthen the country's copper industry.
India is critically deficient in the reserve and production of which o...
The correct answer is c)- Copper
Because overall the reserves of non-ferrous minerals are not very satisfactory