What does the MMDR Amendment Bill entail?
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What does the MMDR Amendment Bill entail?
The amendment proposes to allow captive miners of both coal and other minerals to sell up to 50 per cent of their production after meeting the requirements of the end-use plant and on paying additional royalty to the state government.
What is national mineral policy?
The National Mineral Policy 2008 provides for a change in the role of the Central Government and the State Governments to incentivize private sector investment in exploration and mining and for ensuring level playing field and transparency in the grant of concessions and promotion of scientific mining within a …
What is coal mining schedule?
Schedule I mines includes (i) all the 204 coal mines cancelled by the Supreme Court in August 2014, (ii) any land acquired by the prior allottee in or around the coal mines, and (iii) mine infrastructure. Schedule II includes 42 Schedule I mines that are currently under production or about to start production.
What are notified minerals?
It includes bauxite, iron ore, limestone and manganese ore and are defined as notified minerals. The central government may, by notification, amend this Schedule.
What is mineral concession?
(d) “mineral concession” means a reconnaissance permit, a non-exclusive. reconnaissance permit, a prospecting licence, a prospecting licence-cum-mining. lease, or a mining lease, as applicable; (e) “railway” and “railway administration” have the meanings respectively assigned.
Who decides about setting up of Dmfs?
(Gazette No 109 dated 27 Jan 2017). The District Mineral Foundation (DMF) has been setup by the state government to benefit people in mining affecting areas. It was created in 2015 by the central government through an amendment in the mines and minerals (development and regulation) Act, 1957.
In which year the government took over all mines?
Finally, all these mines were nationalised, following the enactment of Coal Mines (Nationalisation) Act on 1973, under Coal Mines Authority Ltd.
In which year the government took all the mines?
This was followed by the nationalisation of all these mines on 1.5. 1973 with the enactment of the Coal Mines (Nationalisation) Act, 1973 which now is the piece of Central legislation determining the eligibility of coal mining in India.
When was the mines Act prevents children under 10 from working in the mines?
1842
The Mines and Collieries Bill, which was supported by Anthony Ashley-Cooper, was hastily passed by Parliament in 1842. The Act prohibited all underground work for women and girls, and for boys under 10. Further legislation in 1850 addressed the frequency of accidents in mines.
Nominated Authority is appointed under the section 6(1) of the Coal Mines (Special Provisions) Act, 2015 and has been vested with the overall responsibility as highlighted below: to conduct the auction process and allotment; Operationalization of auctioned/allotted mines.
How long does a mining lease last?
5 years
A retention lease is granted for a period of up to 5 years. Retention leases do not have an automatic right of renewal. Should renewal be sought, the holder must explain why an application for a mining lease has not been made during the 5 year term.
Who is the current Minister of mining?
Johnson Ibo Tuke, MP.