Mining GDP share misrepresented in Economic Survey

The recently published Economic Survey details that the contribution of mining to GDP was a paltry 0.8 percent, consistent with surveys from previous years. Whereas the survey shows that the sector grew by 18 percent, the figures are underestimated. These figures misrepresent reality and are, therefore, misleading.

There is a saying in the mining world that ‘if it can’t be grown, it must be mined’ stressing the critical role agriculture and mining play in providing the raw materials needed for sustainable development.

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Note: The results are not exact but very close to the actual.