In a progressive step toward sustainable development, Rajasthan has introduced the M-Sand 2024 policy, aiming to revolutionize the manufactured sand (M-sand) industry. The policy is designed to meet the surging demand for sand in construction while reducing environmental impacts and supporting local economies. With an annual requirement of approximately 70 million tonnes of river sand, the state’s current M-sand production of just 13 million tonnes highlights a critical gap that the new policy intends to address.
Key Goals of the M-Sand Policy
The M-Sand 2024 policy sets ambitious targets to scale up M-sand production to 30 million tonnes by 2028-29. A key objective is to minimize dependence on natural river sand, thereby safeguarding fragile river ecosystems. To achieve this, the policy emphasizes sustainable mining practices, leveraging existing overburden from mining activities, and incorporating recycling of construction and demolition waste.
Economic Boost and Incentives
To promote the growth of the M-sand industry, the policy offers robust economic incentives:
- Priority Allocation: At least 25% of M-sand produced will be reserved for state-funded construction projects, with this allocation increasing to 50% by 2028-29.
- Exemptions and Waivers: Manufacturers will benefit from exemptions on stamp duty and a full waiver of electricity duty for the first seven years of operation.
- Financial Support: Small and medium enterprises (SMEs) will receive significant support, with the government covering 50% of their fundraising costs, up to a cap of ₹5 lakh as one-time assistance.
These initiatives are expected to strengthen local businesses, foster entrepreneurship, and create substantial employment opportunities across Rajasthan.
Environmental Sustainability at the Core
The M-Sand policy underscores a commitment to environmental sustainability. By reducing reliance on natural sand extraction, the policy aims to mitigate the ecological damage to rivers and their surrounding habitats. The emphasis on recycling construction debris and utilizing overburden materials aligns with global best practices for sustainable construction.
Local Impact and Economic Growth
The establishment of M-sand manufacturing units is poised to have a transformative impact on Rajasthan’s economy. Beyond addressing the sand shortage, these units will create jobs for local communities, boost the state’s construction sector, and contribute to a greener, more sustainable future.
A Step Toward Sustainable Development
Rajasthan’s M-Sand 2024 policy represents a forward-thinking approach to balancing economic growth with environmental conservation. By fostering innovation in the construction industry and reducing dependence on natural resources, the state sets a precedent for sustainable development that can inspire other regions to follow suit.
This landmark initiative not only addresses immediate challenges in the construction sector but also lays the groundwork for long-term environmental and economic resilience in Rajasthan.