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 Mines has notified the Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021 to amend the Minerals (Evidence of Mineral Contents) Rules, 2015. The amendment rules have been framed after extensive consultations with the State Governments, industry associations, miners, other stakeholders and general public.

Ministry of Mines has notified the Mineral Conservation and Development (Amendment) Rules, 2021 on 3rd November, 2021 to amend the Mineral Conservation and Development Rules, 2017 [MCDR].

Ministry of Mines has notified the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Fourth Amendment) Rules, 2021 to amend The Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession Rules, 2016 [MCR, 2016].

The Ministry of Mines On November 02, 2021 has issued the Mineral (Auction) Third Amendment Rules, 2021 to further amend the Mineral (Auction) rules 2015.

The Mines and Minerals (Development and Regulation) Act, 1957 regulates the mining sector in India and mandates the requirement for granting leases for mining operations. Prior to 2015, grant of mineral resources was through ‘first come first serve’ method.

The Ministry of Mines on June 18, 2021 has issued the Minerals (Evidence of Mineral Contents) Amendment Rules, 2021 to further amend the Minerals (Evidence of Mineral Contents) Rules, 2015.

The mines ministry has amended the mineral auction rules to remove end-use restrictions for mines to be allocated in future through the competitive bidding route, a move that is expected to enhance production and attract private investments into the sector.

The ministry of Mines on June 10, 2021 has issued the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Third Amendment) Rules, 2021 to further amend the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016.

The Mineral Conservation and Development Rules, 2017 (MCD Rules) are framed under section 18 of the Mines and Minerals (Development and Amendment) Act, 1957 (MMDR Act) to provide for conservation and systematic development of minerals in India.

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