Mines and Minerals (Development and Regulation) Amendment Bill 2021

On 22nd March, 2021, the Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2021, bringing in many reforms to India’s untapped mining industry.

  • The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957.

Need

  • Untapped Mining Potential: Mining in India contributes to only 1.75 per cent of the GDP, while the share for countries like Australia and South Africa is about 7 per cent of the GDP. India produces 95 minerals and has same potential like South Africa and Australia but the mining sector was under-explored and India still had to import minerals like gold ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy May 2021 Issue

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 before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Current Affairs In Focus