Amendments to MMDR Bill will help banks recover stressed assets: Balvinder Kumar, Mines Secretary, MMDR ActIn an interview with ET Now, Balvinder Kumar, Mines Secretary, MMDR ACT says amendment to MMDR bill will keep concerns of cement industry i...
Mines Ministry seeks inputs, suggestions on MMDR Bill 2014The government is keen on introducing the Bill in the current Parliament session which ends on December 24 and is hopeful of starting the a...
Auction will sound death-knell for mining industry: FIMIAuctioning of mines as proposed in draft MMDR Bill will sound death knell of mining industry and it may lead to cartelisation and waste, sa...
- New mines bill to be brought in next Lok Sabha session
Tomar said the government is holding talks with all stakeholders and discussing the issues with chief ministers and other officials of the ...
Government mulling amendments to MMDR Act to bring mineral auctionGovernment is considering amendments to the MMDR Act, 1957, to bring in provision of auction for bulk minerals like iron ore & others.
Government holding talks with stakeholders for new Mines Bill: Narendra Singh TomarThe government will soon come out with a new Mines Bill in consultation with all stakeholders in place of the lapsed previous Bill
Top industry bodies demand royalty cut on non-ferrous mineralsRoyalty rates on minerals are decided by the government and revised every 3 years. Current royalty rate on zinc and lead is 8.4% and 12% re...
- Mines Bill seeks holistic reforms in the sector: UPA report
The new Mines Bill aims at introducing holistic reforms in the mining sector, the UPA government today said in a report.
- Mines Bill provisions need 'fine-tuning': Corp Affairs Min
The Corporate Affairs Ministry has suggested some 'fine-tuning' of the new mines bill, which is being examined by a parliamentary panel and...
- New Mines Bill provisions need 'fine-tuning': Ministry of Corporate Affairs
The Ministry of Corporate Affairs (MCA) has suggested "fine-tuning" of the new mines law, that provides for coal miners to share 26 per cen...
- MMDR Bill proposes stricter action against illegal mining
The new Mining Bill proposes to punish offenders with stringent measures ranging from three years imprisonment for mining without lease.
- Expert group to meet this week to review royalty on minerals
n expert group of the Mines Ministry will hold its first meeting this week to review the royalty rates, due for revision next year, for all...
- CIL profit to be hit by about Rs 2000 cr post new mines law
If the government wanted to maintain the profit of the state-run PSU, it would have to resort to hike in coal prices.
- MMDR Bill to force miners share profits with those affected
The Mines and Minerals Development and Regulatory (MMDR) Bill 2010, would make it compulsory for all coal miners to share 26% of profits wi...
- Govt tweaks new Mining Bill to address industry concerns
The govt on Tuesday said it has tweaked the proposed new Mining Bill for mandatory 26% profit-sharing by companies with project-affected pe...
- Miners may get some flexibility in offering relief to displaced
The government could dilute a clause in a draft legislation that requires miners to offer a 26% stake to families losing land to projects s...
- Panel to fast-track mine licensing
Govt exploring a central coordination-cum-empowered committee to ensure transparency in allocating mines.