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
Mines Minister G Kishan Reddy said the MMDR Bill applies only to major minerals and does not affect states' powers over minor minerals, as Kerala warned of legal action.
Keshav Chandra on Monday assumed charge as the Mines Secretary, the mines ministry said. Chandra, a 1995-batch Indian Administrative Service (IAS) officer of the AGMUT cadre, succeeds Piyush Goyal, who has been appointed as the Secretary General of the National Human Rights Commission (NHRC). Before taking charge as mines secretary, Chandra served as chairperson of the New Delhi Municipal Council. Soon after assuming charge, Chandra chaired a meeting with senior officials and reviewed key initiatives of the mines ministry. The secretary emphasised the importance of coordinated efforts and effective implementation of the ministry's key initiatives to strengthen India's mineral sector. The ministry is treating critical minerals as a strategic sector as it seeks to secure minerals such as lithium, cobalt, nickel, graphite, titanium and rare earths that are essential for electric vehicles, renewables, electronics, defence and other high-tech industries. India depends heavily on impor
Industry associations say the current duty structure has enabled import-parity pricing by domestic producers, raising input costs and squeezing the profitability of downstream MSMEs.
The Centre has launched the eighth tranche of critical mineral auctions, offering 20 blocks across nine states as it seeks to strengthen India's strategic mineral value chain
India auctioned 10 critical mineral blocks in the seventh tranche, expanding domestic supply efforts for rare earths and strategic minerals across new states
Recycling commitments under the Rs 1,500-crore incentive scheme reach 850 kilotonnes against a 270-kilotonne target as India accelerates critical mineral plans
The Mines Ministry has directed agencies and states to fast-track mineral exploration and operationalisation of auctioned blocks to strengthen mineral security
Govt annulled first auction of 13 offshore mineral blocks after muted investor response last December
Policy aims to build domestic processing capacity for critical minerals, reduce import dependence and strengthen supply chains for EV batteries and manufacturing
India auctions 200 mineral blocks in FY26, highest ever, with states playing a key role as focus sharpens on critical minerals and resource security
The government has rolled out a Rs 210-crore, three-year critical minerals research programme led by ANRF and the Ministry of Mines, restricted to nine Centres of Excellence
Coal India Ltd is accelerating its diversification strategy by bidding for domestic critical mineral blocks and scouting global lithium, graphite, and rare earth assets
The mines ministry rules out any move to limit bid premiums for critical minerals, even as aggressive offers raise questions over their commercial viability
Madhya Pradesh, Rajasthan, and Gujarat lead in the first State Mining Readiness Index, as the Centre benchmarks States to boost mining reforms and sustainable practices
The mines ministry launched the sixth tranche of critical minerals auction for 23 blocks across 13 states and announced Rs 1 crore insurance cover for PSU miners
The Centre will launch the sixth tranche of auctions for critical and strategic minerals on Tuesday, offering 23 blocks and announcing the first set of bidders for exploration licences
The Union Cabinet has approved a Rs 1,500 crore scheme under the National Critical Mineral Mission to promote recycling of e-waste and batteries for mineral recovery
Union Coal and Mines Minister G Kishan Reddy on Saturday said the Centre would set up a mineral trading exchange similar to the London Metal Exchange. In a media interaction here, he said the mineral exchange would be established as per the norms of SEBI. "Like the London Metal Exchange, we are going to set up a mineral exchange in India," he said. The proposed mineral exchange is expected to facilitate better price discovery for industries, traders and other stakeholders. Mineral exchange was made part of recently-passed legislation and the guidelines concerned would be issued soon, he said. Asked if the US tariffs would have any impact on the domestic coal industry, he said it would not be much. He further said the country exports aluminium to America in a small measure. Reddy said the government had reduced coal imports substantially, saving foreign exchange to the tune of Rs 60,000 crore. The steel-makers in the country have boilers built for using good quality imported coa
Govt unveils copper and aluminium vision documents targeting output expansion, global mineral asset acquisition, higher recycling and low-carbon technologies