{"id":7153,"date":"2015-03-25T15:03:00","date_gmt":"2015-03-25T15:03:00","guid":{"rendered":"http:\/\/localhost\/sccblog\/?p=7153"},"modified":"2015-11-03T11:52:06","modified_gmt":"2015-11-03T06:22:06","slug":"mines-and-minerals-development-and-regulation-amendment-bill-2015","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2015\/03\/25\/mines-and-minerals-development-and-regulation-amendment-bill-2015\/","title":{"rendered":"Mines and Minerals (Development and Regulation) (Amendment) Bill, 2015"},"content":{"rendered":"<p style=\"text-align: justify;\">On 20-03-2015, the Parliament passed the Mines and Minerals (Development and Regulation) (Amendment) Bill, 2015. The objective of the Bill is to further amend the Mines and Minerals (Development and Regulation) Act, 1957 in order to address the emergent problems in the mining industry. The salient features of the Bill are as follows:<\/p>\n<ul style=\"text-align: justify;\" type=\"disc\">\n<li>Introduction of \u201cauction\u201d in the grant of mineral concessions by the State Government in order to bring greater transparency and removal of discretion.<\/li>\n<li>Increase the tenure of the mineral concession from the existing 30 to 50 years (thereafter, the Mining Lease would be put up for auction and not for renewal).<\/li>\n<li>Mining Leases would be deemed to be extended from the date of their last renewal to 31<sup>st<\/sup>\u00a0March, 2030 (in the captive miners) and till 31<sup>st<\/sup>\u00a0March, 2020 (for the merchant miners) or till the completion of the renewal already granted, if any, whichever is later,\u00a0 in order to permit the closed mines to start their operations.<\/li>\n<li>Establishment of District Mineral Foundation (DMF) in the districts where mining takes place, to address the long time grievance of the civil society with people affected by mining.<\/li>\n<li>Set up of a National Mineral Exploration Trust (NMET) created out of contribution from the mining lease holders to have a dedicated fund for undertaking exploration and flow of greater investment to the sector.<\/li>\n<li>Removal of the prior approval of the Central Government before the grant of mineral concession by the State Government to make the process quicker and simpler (Except in case of atomic minerals, coal and lignite).<\/li>\n<li>Approval of mining plan by the Government would no longer be mandatory.<\/li>\n<li>The Central Government has been given powers to intervene where State Governments do not pass orders within prescribed timeline in order to eliminate delay.<\/li>\n<li>Higher penalties and jail terms have been provided to bring a check on illegal mining.<\/li>\n<li>Constitution of special courts by the State Government for fast-track trial of cases related to illegal mining.<\/li>\n<li>Easy transferability of concessions obtained through auctions so as to attract private investment and FDI.<\/li>\n<li>Repeals the Mines and Minerals (Development and Regulation) Amendment Ordinance, 2015 promulgated by the President of India on 12-01-2015.<\/li>\n<\/ul>\n<div style=\"text-align: justify;\"><b>-Ministry of Mines<\/b><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On 20-03-2015, the Parliament passed the Mines and Minerals (Development and Regulation) (Amendment) Bill, 2015. The objective of the Bill is to <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14,4],"tags":[3271],"class_list":["post-7153","post","type-post","status-publish","format-standard","hentry","category-foreign","category-legislationupdates","tag-Minerals"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mines and Minerals (Development and Regulation) (Amendment) Bill, 2015 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2015\/03\/25\/mines-and-minerals-development-and-regulation-amendment-bill-2015\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mines and Minerals (Development and Regulation) (Amendment) Bill, 2015\" \/>\n<meta property=\"og:description\" content=\"On 20-03-2015, the Parliament passed the Mines and Minerals (Development and Regulation) (Amendment) Bill, 2015. 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It was introduced in Lok Sabha on 15th March, 2021 and passed from Lok Sabha on 19th March, 2021. The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957, which regulates\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-24.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-24.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-24.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-24.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-24.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":7005,"url":"https:\/\/www.scconline.com\/blog\/post\/2015\/01\/16\/the-mines-and-minerals-development-and-regulation-amendment-ordinance-2015\/","url_meta":{"origin":7153,"position":1},"title":"The Mines and Minerals (Development and Regulation) Amendment Ordinance, 2015","author":"Sucheta","date":"January 16, 2015","format":false,"excerpt":"On 12-01-2015, the President of India promulgated the Mines and Minerals (Development and Regulation) Amendment Ordinance, 2015. The objective of the Ordinance is to further amend the Mines and Minerals (Development and Regulation) Act, 1957 in order to address the emergent problems in the mining industry. The salient features of\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":226833,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/11\/lok-sabha-passes-mineral-laws-amendment-bill-2020\/","url_meta":{"origin":7153,"position":2},"title":"Lok Sabha passes &#8212; Mineral Laws (Amendment) Bill, 2020","author":"Bhumika Indulia","date":"March 11, 2020","format":false,"excerpt":"Mineral Laws (Amendment) Bill, 2020 passed by Lok Sabha on 06-03-2020. It is a bill to amend the Mines and Minerals (Development and Regulation) Act, 1957 and to amend the Coal Mines (Special Provisions) Act, 2015. The Mineral Laws (Amendment) Bill, 2020 which seeks to replace the Mineral Laws (Amendment)\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":226920,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/12\/parliament-passes-the-mineral-laws-amendment-bill-2020-will-promote-ease-of-doing-business\/","url_meta":{"origin":7153,"position":3},"title":"Parliament Passes The Mineral Laws (Amendment) Bill, 2020 &#8212; Will promote ease of doing business","author":"Bhumika Indulia","date":"March 12, 2020","format":false,"excerpt":"Parliament passed The Mineral Laws (Amendment) Bill, 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act, 2015. Rajya Sabha passed the bill today while Lok Sabha already passed this bill on 6th March, 2020. The Mineral Laws (Amendment) Bill, 2020,\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":47561,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/05\/17\/mines-and-minerals-development-and-regulation-amendment-act-2016\/","url_meta":{"origin":7153,"position":4},"title":"Mines and Minerals (Development and Regulation) Amendment Act, 2016","author":"Sucheta","date":"May 17, 2016","format":false,"excerpt":"The Mines and Minerals (Development and Regulation) Amendment Act, 2016 received the assent of President on 6th May 2016. The Act amends the Mines and Minerals (Development and Regulation) Act, 1957 by introducing following amendments in the said Act: In section 3 of the Mines and Minerals (Development and Regulation)\u2026","rel":"","context":"In &quot;Foreign Legislation&quot;","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":256736,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/04\/mineral-auction-third-amendment-rules-2021\/","url_meta":{"origin":7153,"position":5},"title":"Mineral (Auction) Third Amendment Rules, 2021","author":"Bhumika Indulia","date":"November 4, 2021","format":false,"excerpt":"On November 02, 2021, the Ministry of Mines has issued the Mineral (Auction) Third Amendment Rules, 2021 to further amend the Mineral (Auction) rules 2015. Key highlights: \u00a0 In Rule 6, which specifies Eligibility of Mining Lease, in sub-rule (3) the following Explanation has been Inserted, namely: \u201cExplanation.\u2014 This sub-rule\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/7153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=7153"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/7153\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=7153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=7153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=7153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}