Centre to enact mining law reforms in 6-8 weeks
#GS2 #GOVERNANCE #ACTs
The Centre is looking at mining reforms, including amendments to the Mining Act and auction.
- These were progressing well and in the next six to eight weeks, the reforms were likely to get adopted in the statute book.
- The statement assumes significance as the mines Ministry had earlier sought suggestions from the general public, the mining industry and other stakeholders on proposed reforms in the Mines and Minerals (Development and Regulation) Act, 1957.
Mines and Minerals (Development and Regulation) Act, 1957
- The Mines and Minerals (Regulation and Development) Act (1957) is an Act of the Parliament of India enacted to regulate the mining sector in India.
- It was amended in 2015 and 2016. This act forms the basic framework of mining regulation in India.
- This act is applicable to all mineral except minor minerals and atomic minerals.
- It details the process and conditions for acquiring a mining or prospecting licence in India.
- Mining minor minerals comes under the purview of state governments.
- River sand is considered a minor mineral. For mining and prospecting in forest land, prior permission is needed from the Ministry of Environment and Forests.