Mineral resources are amongst the most important natural resources that dictate the Industrial and economic development of a country because they provide raw materials to the primary, secondary and tertiary sectors of the economy. The use of mineral is as old as civilisation. Minerals provide the basic needs — food, clothing, shelter and energy to mankind.The contribution of minerals in the overall development of an economy Is immense. It helps in raising standard of living of the people. The standard of living of the people is a measure of productivity. In underdeveloped countries, with lower productivity the standard of living of the people is low. They can hardly meet their bare necessities of life. There are poverty, famine, low literacy, diseases, malnutrition, industrial backwardness etc. etc. Generally, in a developed country, the determinant of the standard of living implies one's high per capita income associated with modern home, the automobile, the refrigerator, the radio, television the ^ telephone, typewriter, computer, electric light, and a host of other moderninventions. But without mineral resources these modern appliances cannot be manufactured. These elements of high standard of living are not available in all countries of the world. For it is only out of one’s economic productivity that economic surpluses can be availed.