Mines Allocation

Joint research by geological agencies, MoU on critical minerals, and tech exchange on the cards

The lack of availability of these minerals or concentration of their extraction or processing in a few countries may lead to supply chain vulnerabilities

The bill confers upon the centre the exclusive right to auction mineral concessions for critical minerals specified in part D of the first schedule of the Act

Additional Chief Secretary (Mines and Petroleum) Subodh Agarwal said each part of the state was rich in some mineral

The mines department's Arrears and Interest Waiver Scheme, 2022, will be applicable to the outstanding dues of those in the business of minor minerals

The utilisation of the revenue generated from the allocation of coal mines