The government of India has notified the Minerals (Transfer of Mining lease Granted otherwise than through Auction for Captive Purpose) Rules, 2016. The new regulation will not only boost mergers and acquisitions in the mining and related sectors but will unlock billions of dollars of additional revenue to the states.

In exercise of the powers conferred by section 15 of the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act No.67 of 1957), the State Government hereby makes the following rules further to amend the Rajasthan Mineral Concession Rules, 1986.

In exercise of the powers conferred by section 15 of the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act No.67 of 1957), the State Government hereby makes the following rules further to amend the Rajasthan Mineral Concession Rules, 1986.

The Ministry of Mines has prepared the draft rules named ―The Mineral (Transfer of Mining Lease Granted Otherwise than through Auction for Captive Use) Rules, 2016” for prescribing the terms and conditions and the amount or transfer charges for effecting the transfer as per the provisions of the proviso to sub-section (6) of section 12A, introdu

An Act further to amend the Mines and Minerals (Development and Regulation) Act, 1957. This Act may be called the Mines and Minerals (Development and Regulation) Amendment Act, 2016.

Parliament has passed Mines and Minerals (Development and Regulation) Amendment Bill, 2016. The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957. The amendment Bill was first passed in the Lok Sabha in March 2016 and later in the Rajya Sabha in May 2016.

The Ministry of Mines has prepared the draft rules named “The Atomic Minerals Concession Rules, 2016” for regulating the grant of mineral concessions in respect of minerals specified in Part B of the First Schedule to MMDR Act, 1957, and for purposes connected therewith.

The Mines and Minerals (Development and Regulation) Amendment Bill, 2016 was passed in Lok Sabha on March 16, 2016. The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957.