Objectives and Functions of the Trust shall be as under:-
(i) to prepare vision and mission plans of short term, mid-term and long term for the planned development of mineral resources and their exploration in the State;
(ii) to prepare master plan of exploration and to undertake regional and detailed exploration and assaying of resource;
(iii) to exploration in forest area after obtaining permission under the Forest (Conservation) Act, 1980;
(iv) to facilitate geophysical, ground and aerial survey and geo chemical survey of the obvious geological potential areas;
(v) to undertake study and advocacy of mineral development, sustainable mining, adoption of advanced scientific and technological practices and mineral extraction metallurgy;
(vi) to organize capacity building programs for raising technical capability of department personnel engaged in the Trust;
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(vii) to undertake research and development in the field of mineral analysis and testing of ores, identification of associated impurities of rocks and mineral samples submitted by the Department, public sector undertakings, private sector mineral industries, research institutions, laboratories etc. so as to assess quality of ores, minerals by chemical, physical testing and instrumental analysis on no profit no loss basis;
(viii) to initiate action to strengthen and upgrade the Department laboratory and provide impetus to research and development and to provide certificate on the basis of testing and analysis to exporters of mineral based products after obtaining accreditation from National Accreditation Board for Testing and Calibration Laboratories (NABL);
(ix) to appoint officers, geologist or scientists, technical persons, financial consultants, management consultants and other employees as are necessary for carrying out the functions of the Trust on deputation/contractual basis;
(x) to develop State Mineral Directory, State Mineral Atlas/Geo-Informatics Mineral Resource Information System for the State and putting up geological and other geo scientific data in digital formats for public domain;
(xi) to facilitate the Government to introduce innovation and adoption of new technology and to provide technical/consultancy services;
(xii) to assess the needs, designing of courses for generating qualified persons and skill development, identification of institutions for skill development;
(xiii) to undertake mineral beneficiation and value addition studies on low grade minerals;
(xiv) to provide logistic support for exploration projects i.e. GPS, GNSS, vehicles etc.;
(xv) to establish business development center for facilitating and promoting investors of mineral based industries; and
(xvi) Such other purposes that the Governing Body may decide for the development and exploitation of mineral resources in the State.
(xvii) to monitor mining and related activities through modern technologies such as drone, survey etc. in the State.