The Centre has approached the Supreme Court with a curative plea against the ruling that allowed states to levy a cess on mining lands, warning of international implications and strain on the federal
The Geological Survey of India (GSI) has estimated that Jammu and Kashmir holds nearly one billion tonnes of limestone reserves, a senior central government official has said. Additional Secretary in the Union Ministry of Mines Sanjay Lohiya noted that the Union Territory also has significant potential for other key minerals, which the J&K government intends to explore and utilize for the benefit of the people of the region. Expressing satisfaction over Jammu and Kashmir becoming part of India's mineral block auction map with the launch of the first limestone block auction and roadshow here, the official said the Centre would extend full support to accelerate exploration, development and investments in the sector. Union minister G Kishan Reddy, J&K chief minister Omar Abdullah and his deputy Surinder Choudhary jointly launched the e-auction of seven limestone mineral blocks, covering about 314 hectares, across the districts of Anantnag, Rajouri, and Poonch here on Monday. "All
The amendment sets clear milestones between the issuance of the letter of intent (LoI) and the execution of mining leases, with penalties for delays and incentives for early production
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 government is also planning to launch a single-window clearance portal for mining projects by December, which will expedite the mining project execution, including that of critical minerals
The new contract is a significant step towards realising the vision of the Deep Ocean Mission launched by PM Narendra Modi
The environment ministry has exempted mining of atomic, critical, and strategic minerals from public consultations, citing national defence, security, and strategic requirements
Union minister Nitin Gadkari on Sunday said the mining policy being framed by the Centre would provide ease of doing business as all clearances will be given in three months so that the extraction process starts in the fourth month. He said all bottlenecks would be removed under the new mining policy. The Minister for Road Transport and Highways was speaking at the "India@100 charting Vidarbha's journey to a Developed India" in Nagpur. Talking about various developments taking place in Gadchiroli district in Vidarbha in the fields of mining and steel, he said a mining policy was being framed by the central government. "This mining policy came up for an approval in the cabinet meeting recently. However, the prime minister was not fully convinced about it and after I gave some suggestions, he (the PM) directed the cabinet secretary to discuss and review the policy with me," he said. Gadkari said he suggested that the policy should allow the mining process to start as soon as ...
First project under the Mine Developer and Operator (MDO) model to produce 52 million tonnes over 25 years
Hindustan Zinc CEO says removing regulatory hurdles could fast-track mineral production in India
India will amend the Mines and Minerals Act 2023 to permit use of ₹5,600 crore for overseas critical mineral exploration and introduce a tailings policy to support extraction
Jammu and Kashmir Deputy Chief Minister Surinder Choudhary on Saturday informed the house that a private company was fined Rs 80 lakh for unauthorised mining in Budgam district. The issue was highlighted in the Legislative Assembly by MLA Khan Sahab, Safiud-Din-Bhat, bringing it to the immediate attention of the House. The deputy chief minister said the Budgam mineral officer had taken strict action against Messrs NKC Projects Private Limited for unauthorised mining at Shaliganaga Nalla in Lanilab Basant Wooder. The action follows the circulation of a video on social media on March 2, exposing the illegal activity. Choudhary said that on receiving the report from the directorate of geology and mining, the DMO Budgam deputed a team to the site to verify the claims. Upon investigation, it was confirmed that the company had engaged men and machinery for the unauthorised extraction of approximately 300 metric tons of Nallah Mukh without obtaining the permits, he said. In response, a
The Centre is exploring legal measures in response to Karnataka's new mining taxes, which could impact the mining and steel industries; the taxes, awaiting Governor's assent, have raised concerns
The SC last year permitted states to impose additional taxes on mining activities, indicating that royalty collected by states under Sec 9 of the Mines and Minerals (Dev & Reg) Act, 1957 is not a tax
At least 240 workplace accidents occurred in India's manufacturing, mining, and energy sectors, resulting in over 400 deaths and more than 850 serious injuries
Rajasthan Chief Minister Bhajanlal Sharma on Monday said the state has immense possibilities in mineral resources and about 30 lakh people are getting direct and indirect employment from mining. He said the mining sector also plays an important role in the state's revenue. So the priority of the state government is that the mineral wealth should be properly exploited and revenue in this sector should be increased. He instructed the officials to work by setting targets. He said the department should speed up the mining exploration work and identify new mining areas and make the auction process transparent. Sharma was addressing the review meeting of the Mines and Petroleum Department. He said the mineral resources should be used for the welfare of the public and transparency should be maintained in the entire process. He instructed the officials to form an assessment committee for various activities of the Mines Department and also organise its regular meetings. He also asked them
On July 25, a nine-judge Constitution Bench of the Supreme Court ruled that states have the power to levy cess on mining and mineral-use activities. Tata Steel's petition seeks a remedy to this order
The latest awards follow a second-round auction held after the initial round failed to attract sufficient interest, as the government mandates at least three technically qualified bids per block
He encouraged the industry to study the exploration reports of these blocks and bring in interested domestic and international players
Tata Steel, JSW Steel, and other companies may see higher costs and reduced profitability from new state-imposed mining taxes, leading to inflation, following a Supreme Court decision