Chief Minister Dr. Mohan Yadav said that Madhya Pradesh is rich in mineral resources and that the state will actively encourage new investments in the mineral sector by intensifying efforts to harness this wealth. The state government is committed to providing all necessary support and facilities to entrepreneurs in the mining industry. He stressed the importance of utilizing the state's mineral resources for local production. Dr. Yadav was addressing the closing session of the two-day Mining Conclave held on Friday. The conclave, which took place at Kushabhau Thackeray Auditorium, attracted investment proposals worth Rs 19,650 crore from 11 industrial institutions. A significant ‘Joint Venture Agreement’ was signed between MOIL, a Government of India enterprise, and the Madhya Pradesh State Mineral Corporation Limited in Dr. Yadav's presence, focused on mineral block development. Describing the event as a success, the Chief Minister expressed confidence that the state's mineral revenue will increase fivefold in the near future. The conclave saw the participation of entrepreneurs, geologists, scientists, senior officials from the Mineral Department, the Ministry of Mines, Government of India, and the Geological Survey of India.