The Ministry of Mines has issued a brief note for consultation with stakeholders and Public on the supplementary proposals for amendment of Mines and Minerals (Development and Regulation) Act, 1957.
The following proposals have been given:
• All the approvals, clearances, and licenses shall be granted to the lessee and shall continue to be valid till exhaustion of minable reserves in the mine and on the exhaustion such clearances shall be transferred to the potential bidder.
• Lessee of the captive mines shall be allowed to sell up to 50% of the minerals excavated during the current year, after meeting the requirement of the attached plant.
• Incorporate a proposal to allow sale of 50% of coal produced from captive mines, increase coal availability in the market leading to the reduction in import of coal.
Comments and suggestions are invited from the general public, Government of States and Union Territories and other person and entities concerned on the draft additional amendment proposals to the MMDR Act, 1957 by February 24, 2021.
