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Home > Reports and Documents > The Mineral Laws (Amendment) Bill, 2020 > The Mineral Laws (Amendment) Bill, 2020

The Mineral Laws (Amendment) Bill, 2020 [1]

Parliament passed The Mineral Laws (Amendment) Bill, 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act, 2015. Rajya Sabha passed the bill 0n 12 March, 2020, while Lok Sabha already passed this bill on 6th March, 2020. The Mineral Laws (Amendment) Bill, 2020, will open a new era in Indian coal & mining sector specially to promote Ease of Doing Business. Union Coal & Mines Minister Sh. Pralhad Joshi said that this Bill will transform the mining sector in the country boosting coal production and reducing dependence on imports. The amended provisions clearly provide that companies which do not possess any prior coal mining experience in India and/or have mining experience in other minerals or in other countries can participate in auction of coal/lignite blocks. This will not only increase participation in coal/lignite block auctions, but also facilitate the implementation of FDI policy in the coal sector.

[2]

Publication Date: 
12/03/2020
Rajya Sabha [3]
Tags:
India [4], Parliament [5], Rajya Sabha [6], Minerals [7], Ministry of Mines [8], Coal [9]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/mineral-laws-amendment-bill-2020-0

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/mineral-laws-amendment-bill-2020-0
[2] http://www.indiaenvironmentportal.org.in/files/file/The-Mineral-Laws(Amendment)-Bill-2020.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/rajya-sabha
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/parliament
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rajya-sabha
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/minerals
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-mines
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal