What is mineral law Amendment Act 2020?
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What is mineral law Amendment Act 2020?
The Mineral Laws (Amendment) Bill, 2020 was introduced in Lok Sabha on March 2, 2020. The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) and the Coal Mines (Special Provisions) Act, 2015 (CMSP Act). An Ordinance with similar provisions was promulgated on January 10, 2020.
What is CMSP act?
The Mineral Laws (Amendment) Act, 2020 was enacted to amend the Coal Mines (Special Provisions) Act, 2015 [CMSP Act] and the Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act]. Companies which do not possess any prior coal mining experience in India can now participate in auction of coal blocks.
What are minor minerals in India?
Minor Minerals- 2017
| 30.1 | Barytes |
|---|---|
| 30.13 | Kaolin, Ball Clay, Other Clays and Shale |
| 30.14 | Laterite |
| 30.15 | Marble |
| 30.16 | Mica |
When was the morel Minor Amendment Act passed?
On 12 January 2015, Mines and Minerals (Development and Regulation) Amendment Ordinance, 2015, was approved by the President of India.
Who owns minerals in India?
Even there, the federal government owns 1/3rd of the land. For India though, it is a simple question with a complex answer. Under Article 297 of our Constitution, offshore minerals are owned by the Union (Central) Government. However, onshore minerals have a more complex ownership.
Who regulate major minerals in India?
The central government
The central government has the power under entry 54 of the Union List to regulate mines and mineral development to the extent that such a regulation is declared by the Parliament to be in public interest.
What is DMF mining?
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.