There is a universal consensus regarding the indispensability of minerals, as they constitute essential raw materials for many basic industries. Undoubtedly, they are highly significant natural ...

At present, the centre has offered to auction 27 coal blocks for private operators who would be allowed to sell 25% of their production in the open market. The Centre will make amendments to the Mines ...

Bibek Debroy is the Chairperson of the PM’s Economic Advisory Council. Let us think of a few terms, compensation, R&R, royalty, CSR. These are topical because of amendments to MMDR (Mines and Minerals ...

"The Union Cabinet... Approved the amendment of Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) for specifying rate of royalty in respect of 12 critical and ...

The government is unlikely to accede to the industry’s demand for doing away with the two-stage auction model proposed for iron ore, bauxite, limestone and manganese ore. Official sources told FE the ...

A file photo of steel and mines minister Narendra Singh Tomar. New Delhi: Draft rules of the amended Mines and Minerals Development and Regulation (MMDR) Act will be circulated to states in a week, ...

According to an official statement issued after the meeting, this completes the exercise of the rationalisation of royalty rates for all 24 critical and strategic minerals. New Delhi: The Union ...

The union government is exploring further amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act to bring in more reforms in India’s mining sector, said Coal, Mines and ...