Amendment to the Mines and Minerals Act, 1957
On 10th March, 2022, the Union Cabinet approved the proposal for amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 for specifying the rate of royalty in respect of Glauconite, Potash, Emerald, Platinum Group of Metals (PGM), Andalusite, Sillimanite and Molybdenum.
Need
- India is totally dependent on import for the minerals like Glauconite/ Potash, Emerald, Platinum Group of Metals (PGM), Andalusite and Molybdenum.
- As a major step towards mineral self-sufficiency, many State Governments have identified such mineral blocks for auction.
- However, the rate of royalty for these minerals were not separately provided and was not appropriate ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Public Policy
- 1 Draft Rules for Gas Meters under Legal Metrology (General) Rules, 2011
- 2 Coastal Shipping Bill, 2024
- 3 Greenhouse Gas Emission Intensity Targets Draft, 2025
- 4 UGC Regulations, 2025 on Equivalence of Foreign Qualifications
- 5 Waqf (Amendment) Act, 2025
- 6 Carriage of Goods by Sea Bill, 2024
- 7 Indian Ports Bill, 2025
- 8 The Bills of Lading Bill, 2024
- 9 Immigration and Foreigners Bill, 2025
- 10 The Finance Act, 2025