Indian & World Geography·Policy Changes
Mineral Resources — Policy Changes
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Version 1Updated 7 Mar 2026
| Entry | Year | Description | Impact |
|---|---|---|---|
| Mines and Minerals (Development and Regulation) Amendment Act | 2015 | Introduced 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/Act | 2020 | Allowed 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 Act | 2021 | Further 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. |