Indian & World Geography·Policy Changes

Mineral Resources — Policy Changes

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Version 1Updated 7 Mar 2026
EntryYearDescriptionImpact
Mines and Minerals (Development and Regulation) Amendment Act2015Introduced auction-based allocation of major mineral concessions, replacing the discretionary 'first-come, first-served' system. Established District Mineral Foundations (DMFs) and the National Mineral Exploration Trust (NMET).Enhanced transparency, increased state revenue, addressed welfare of mining-affected communities, and boosted mineral exploration.
Mineral Laws (Amendment) Ordinance/Act2020Allowed transfer of mining leases granted through auction without premium payment. Removed restrictions on captive mines selling up to 50% of their annual output in the open market.Promoted ease of doing business, encouraged investment in the mining sector, and increased mineral availability in the market.
Mines and Minerals (Development and Regulation) Amendment Act2021Further streamlined the auction process, allowed for the sale of minerals from captive mines without end-use restrictions, and empowered the central government to conduct auctions for states in certain cases.Aimed to boost mineral production, reduce imports, and ensure continuity of mining operations by extending the validity of certain leases.
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