Huge reserve of 50 tons of gold found in India! Andhra Pradesh can become the country’s biggest gold hub, dependence on imports will reduce.

Amidst the increasing demand for gold across the world, great news has emerged for India. Kurnool district of Andhra Pradesh Jonnagiri in area approximately Huge stock of 50 tons of gold It is estimated to be found. Officials say that Andhra Pradesh can become the largest gold producing state in the country in the coming years.

The government believes that this discovery will not only increase domestic gold production, but can also reduce India’s dependence on imported gold to a great extent.

The biggest store found in Jonnagiri

Principal Secretary of Mining Department Mukesh Kumar Meena It is informed that about 50 tonnes of gold reserves are estimated in Jonnagiri area alone. Other than this Ramagiri, Javavkula, Chigurukunta and Bisnatam. Four other areas have also been identified for gold mining.

The government is preparing a comprehensive plan for the development of all these mineral rich areas.

Earlier the estimate was 13 tonnes.

According to officials, about a decade ago, gold mining in Jonnagiri was started for approximately 1,500 acres of land Was allotted. so far only 500 acres area Survey and exploration work was done in the same year, where earlier it was estimated about 13 tons of gold.

now remaining 1,000 acres area Detailed survey and mining work will also be started soon, due to which the total reserves are estimated to reach 50 tonnes.

Estimated value is thousands of crores of rupees

Estimated market value of 50 tons of gold found in Jonnagiri Rs 7,500 crore to Rs 9,000 crore It is being told between. However, this value may change due to fluctuations in international gold prices.

Experts believe that this discovery will give a new impetus to India’s domestic gold production.

Private companies will get the responsibility of mining

Principal Secretary Mukesh Kumar Meena said that gold mining requires state-of-the-art technology, huge investment and expertise. For this reason the government has decided to involve private companies.

He said that the quality of gold excavation has declined in the last few years. At present, after processing one ton of mineral, on average only one gram gold is being received, whereas earlier the same quantity was approximately three grams It used to be till.

Chief Minister will inaugurate the project

According to officials, the Chief Minister of Andhra Pradesh N. Chandrababu Naidu The Jonnagiri Gold Mining Project can be formally inaugurated by the end of this month.

If this project goes ahead successfully, Andhra Pradesh can become a major center of gold production in India and play an important role in the economic growth of the country.