Simple rules for beach minerals introduced by Shri. Vajpayee increase the export earnings. So Congress Govt., also through planning commission ease the rules for beach minerals

Subsequently, with a view to attracting foreign investment on placer mineral mining in India, the High level committee of the Planning Commission of India recommended to delist Ilmenite, Rutile, Zircon, Leucoxene which are not used for production of Atomic Energy or Research from the list of prescribed substances. Consequently, in 2005 the DAE convened a plenary session meeting of all the lessees of beach sand minerals in India along with all the State Govt., officers.   The above two recommendation of the Planning Commission  were accepted by DAE and accordingly they de-list Ilmenite, Rutile, Zircon, Leucoxene from the list of prescribed substances.

Govt., of India created Atomic Minerals Division (AMD) exclusively for conducting geological exploration for evaluating the reserves of Atomic Minerals with particular reference to the contents of Uranium and Thorium in all the areas like coastal and inland.  AMD studied all the areas in Tamilnadu which shows the fact that the monazite content is less than half a percent in East Coast and a detailed report in the form of a book was also released.  

The regulatory measures with regard to exploitation of monazite by private people were evolved by Atomic Energy department only to protect the general public from the radiation effect.   However, IREL which had the monopolistic right to exploit the monazite as per the guidelines of Atomic Energy Department too were engaged in export of these minerals.   Since there were no restrictions or control in foreign countries in respect of handling of monazite and consequently even private enterprises were allowed to process monazite in their countries, the price of monazite got dwindled drastically in foreign market.  Since there was no demand for Indian monazite abroad, IREL stopped processing and export of monazite in 2004 itself.