In a bid to enhance the ease of doing business, the Coal Ministry wants to amend the rate of interest charged on late payment of rent and royalty from coal mines. The Ministry reviewed penal provisions in Mineral Concession Rules, 1960 (MCR) to identify violations which could be decriminalised and those for which the penalty can be reduced.

The Ministry of Coal on October 1, 2021 has issued the Mineral Concession (Amendment) Rules, 2021 to further amend the Mineral Concession Rules, 1960.

The Ministry of Coal on August 6, 2021 has issued Draft Mineral Concession (Amendment) Rules, 2021 to further amend the Mineral Concession Rules, 1960.

As per Rule 58 of Mineral Concession Rules 1960, a certain track of mineral bearing land was reserved for exclusive use of the state governments

The environment appraisal committee of the Union environment ministry has given the go ahead to state-run miner NMDC Limited to operationalise 10 million tonne per annum greenfield iron ore mine at

After renewing nearly 43 iron ore mining leases by signing lease deeds in the last one month, the State government notified ‘The Goa Grant of Mining Leases Policy, 2014’. The policy, notified following the recent Mines and Minerals Development Regulation (MMDR) Act amendment ordinance 2015, has no changes in it.

State govt will have to finalise leases within 3 to 6 months, but allowed say on time frame

This is the revision of guidelines for submission of Mineral concession proposals under Section 5(1) of the Mines and Minerals (Development & Regulation) Act, 1957.

The Goa government cleared the much-awaited mining policy promising lifting of the temporary suspension on mining operations in the state on case-wise basis and also ruling out auctioning of leases.

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