Ministry of Mines Current Affairs - 2020

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Sridhar Patra appointed CMD of NALCO

The Appointments Committee of Cabinet (ACC) chaired by Prime Minister Narendra Modi has appointed Sridhar Patra as the new chairman-cum-managing director (CMD) of National Aluminium Company Limited (NALCO). He has been appointed as CMD of NALCO till the date of his superannuation, i.e. on 31 October 2024 r until further orders, whichever is earlier. At present he is the Director (Finance) in NALCO.

About National Aluminium Company Limited (NALCO)

NALCO was established on 7 January, 1981, with its registered office at Bhubaneswar, Odisha. It is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in India. It is a Navratna group ‘A’ Central Public Sector Enterprises (CPSE) under Union Ministry of Mines. At present, Union Government holds 52% equity of NALCO.  As per the report of Wood Mackenzie, NALCO achieved the distinction of being the ‘lowest cost producer of bauxite’ in world for the year 2018, globally.

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India to Host International Geological Congress 2020

India is set to host the 36th International Geological Congress (IGC) in New Delhi during the first week of March 2020. The theme for next year conference is ‘Geosciences: The Basic Science for a Sustainable Development’.

About International Geological Congress (IGC)

It is popularly described as ‘Olympics of Geosciences’. The IGCs are a prestigious global geoscientific events held once in four years and participated by nearly 5000-6000 geoscientists from all across the world.

IGC 2020: The 36th IGC is expected to provide a platform for international cooperation in all major field of geosciences including launching of collaborative programs, provision of investment opportunities in environmental management, mineral exploration, mining and related enterprises. It would also help in dealing with problems of sustainability, energy crisis, water crisis, climate change, environmental issues and resource management.

Geological Survey of India is the nodal agency for organizing the IGC 2020. The event is being funded by Union Ministry of Mines (MoM) and Union Ministry of Earth Sciences (MoES) with support of the Indian National Science Academy (INSA) and National Science Academies of Nepal, Sri Lanka, Bangladesh and Pakistan.

India and IGC: India is the only Asian country to host the IGC event twice. India had earlier hosted the event for the first time in 1964, which was 22nd IGC. The event was inaugurated by then President of India Dr. Sarvepalli Radhakrishnan. The IGC is making a comeback to India after 56 long years much to the enthusiasm of the entire geoscientific community.

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