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Digging our way to prosperity

  • Published
    20th Nov, 2023


Afghanistan's potential to emerge as a global exporter of minerals, particularly likening it to the Saudi Arabia of lithium.

Mineral Wealth Potential in Afghanistan

  • Trillion-Dollar Minerals:S. Defense findings suggest the Nurestan province's Hindu Kush range may hold vast rare earth minerals, but China and the Taliban might exploit these resources.
  • Transition to Electric Mobility: Global mobility shifts from oil to electric, making critical minerals like lithium and rare earths crucial, akin to the Middle East's oil.
  • Opportunity for India: Geological links hint at similar mineral wealth in India's northern Hindu Kush; India's underexplored landmass demands large-scale exploration for critical minerals.

India's Potential Gain

  • Exploration & Job Creation: Mining generates more jobs per economic growth percentage than agriculture or manufacturing, especially for marginalized groups.
  • Global Mining Resurgence: A global critical minerals race, marked by tech-intensive exploration, demands India's active role to cater to increasing global demand.
  • Boston Consensus: Emphasizing job-focused industrial policies over GDP growth aligns with the Kennedy School initiative, redefining economic development.

Future Imperatives

  • Job Opportunities from Minerals: The rise in electric mobility fuels mineral demand, offering significant job prospects, especially for marginalized communities in India.
  • India's Economic Reimagination: The focus should shift from GDP maximization to labor market improvement, aligning with the new 'Boston Consensus' economic doctrine.
  • Strategic Planning for Mineral Demand: India must capitalize on the opportunity by actively exploring and regulating the mining sector for future global demand.
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