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The Mines and Minerals (Development and Regulation) Amendment Bill, 2021

The Mines and Minerals (Development and Regulation) Amendment Bill, 2021 is a central legislation that reformed India's mining sector by removing the distinction between captive and non-captive mines, opening deep-seated mineral exploration to private entities, and streamlining auction processes.

Why it matters

  • It enhances commercial flexibility by allowing captive mines to sell up to fifty percent of their annual mineral production in the open market after meeting primary operational requirements.
  • It prevents the stalling of mining operations by facilitating the seamless transfer of valid statutory clearances to new leaseholders during ownership transitions.
  • It accelerates resource discovery in critical and strategic minerals by enabling private sector participation in early-stage exploration.

How it is asked

In GS Paper III, UPSC frames questions on this legislation around economic governance, industrial growth, and resource security. Candidates are expected to critically evaluate how structural reforms in raw material access balance national manufacturing goals with environmental sustainability and federal revenue sharing.

Where it sits

Coverage

Nothing filed against The Mines and Minerals (Development and Regulation) Amendment Bill, 2021 yet. As the day’s reading is published, entries that touch it collect here, newest first.

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