Ministry of Mines administers the Offshore Areas Mineral (Development & Regulation) Act, 2002 (OAMDR Act).

In exercise of the powers conferred by clause (jj), (jk), (jl) and (jm) of sub-section (2) of section 35read with Section 16A of the Offshore Areas Mineral (Development and Regulation) Act, 2002 (17 of 2003), the Central Government hereby makes the following rules, namely: These rules may be called the Offshore Areas Mineral Trust Rules, 2024.

In a significant development, the Ministry of Mines has recently amended the Offshore Areas Mineral (Development & Regulation) Act, 2002 [OAMMR Act], effective from August 17, 2023.

The “Offshore Areas Mineral (Development and Regulation) Amendment Act, 2023” brings substantial changes to regulations governing mineral development in offshore areas. This analysis delves into each amendment’s implications and the Act’s broader impact on mineral resource management.

India has proposed opening up offshore mining or deep-sea mining of non-atomic minerals or poly-metallic nodules to private companies. Production leases are to be granted only through competitive bidding.

The Ministry of Mines on February 09, 2023 was notified regarding seeking comments/suggestions on the Amendment of the Offshore Areas Mineral (Development and Regulation) Act, 2002. The Ministry of Mines has prepared a draft of the amendments proposed in the Offshore Areas Mineral (Development and Regulation) Act, 2022 (OAMDR Act).

The Ministry of Mines invites suggestions on draft Offshore Areas Mineral (Development and Regulation) Amendment Bill 2017 seeking to amend the Offshore Areas Mineral (Development and Regulation) Act 2002.

An act to provide for development and regulation of mineral resources in the territorial waters, continental shelf, exclusive economic zone and other maritime zones of India.