Mining Industry

NMDC, which caters to India's one-fourth iron ore demand, has set a goal to earn at least 20 per cent of revenues from sale of minerals other than the key steel making raw material

Companies seek safeguards against nationalisation risks, faster work permits and better access to geological data in overseas mining markets

The government is considering overhauling the Mines and Minerals (Development and Regulation) Act, 1957, into a comprehensive new mining law, a move aimed to incorporate ease of living and ease of doing business reforms, sources said. The mines ministry administers the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) The Act has been amended from time-to-time to keep pace with the evolving requirements of the mining and minerals sector, sources said. In recent years, the Centre has made efforts to review the nation's regulatory landscape to incorporate ease of living and ease of doing business reforms across all sectors. Considering that the mining and mineral sector is important for the economy, future technological progress, fulfilling the strategic needs of the country, and achieving the vision of Viksit Bharat by 2047, the MMDR Act, 1957, is proposed to be overhauled into a comprehensive and streamlined new mining law, sources said. An inter-ministerial pan

With 60% of mica exports going to China, industry seeks critical mineral status, a 30% export duty and incentives to boost domestic value addition

The digital platform enables declaration, assessment, payment and monitoring of mineral royalties, aiming to improve transparency, compliance and revenue administration

The court held that promissory estoppel cannot compel the state to act against mining law or confer an enforceable commercial right over natural resources held in public trust.

Industry volumes are expected to reach 1.5 lakh units in FY27, but higher steel, logistics and imported component costs could reduce operating margins

"In a scenario where there is violation of rules and illegal mining, the violator will attract both civil liability as well as criminal liability for illegal mining," the ministry said

New mining penalty rules may weaken enforcement by capping civil penalties and allowing violations to be settled without inquiry, experts and industry stakeholders said

Today's opinions examine India's critical-minerals strategy, FSSAI's food-warning labels, Budget discipline, the RBI's dollar-rupee swaps and lessons from industrial policy

The proposed integrated university township is part of the Centre's university townships plan announced during Union Budget 2026-27

Cumulative production rises 26 per cent to 23.23 MT in April-August; state-run miner says it is on track to produce more than 60 MT of iron ore in FY27

Mines Ministry says states will continue to receive around 90 per cent of mining-related taxes and statutory payments, amid concerns over the amendment's fiscal impact

The Bill's restrictions on taxing mineral rights and mineral-bearing land have revived questions over Parliament's powers and could open the door to legal challenges by states

Hemant Soren says proposed restrictions on states' mineral taxation powers raise constitutional and federal concerns and could hit Jharkhand's mining revenues

Today's pieces examine mining reforms and fiscal federalism, India's need for a caregiving policy, stronger bank boards, urban governance and lessons in crisis leadership

The amendment enables the Centre to confer upon itself the sole authority to control mines and mineral development in the country

India's proposed coal mine capacity rose to 638 mtpa in 2025, driving almost all of the growth in the global coal project pipeline despite rising renewable capacity

The MMDR Amendment Bill, 2026 seeks greater government control over mineral-bearing land and tighter rules for state taxes, cesses and other mining-related levies

A key clearance has been given to a bauxite and marl mining project in Gujarat's Devbhumi Dwarka district, nearly 1.6 and six kilometres from India's first marine wildlife sanctuary and first marine national park, respectively, on the Gulf of Kachchh's southern shore. While the marine wildlife sanctuary (spread over 458 square kilometre) was established in 1980, the marine national park (spanning 168 square kilometre) was created two years later to protect and conserve marine flora and fauna. According to Gujarat's forest and environment department, a complex coral reef ecosystem and extensive mangroves dominate the seascape of the marine park's shallow water, and the eco-system hosts diverse species. Mining has been proposed to take place at the Mevasa Block in an area spanning over five hectares (ha). The project was recommended for grant of environmental clearance (EC) by the expert appraisal committee (EAC) of the environment ministry's in its meeting on July 29. The ...