August 15, 2026 12:50 PM

MMDR Amendment Bill to ensure long-term stability, boost investment in mining sector

The Mines and Minerals (Development and Regulation) Amendment Bill, 2026, passed by both Houses of Parliament on August 13, seeks to bring greater stability, certainty and predictability to India’s major minerals sector and encourage investment in mining. The amendment to the Mines and Minerals (Development and Regulation) Act, 1957 is aimed at creating a more stable fiscal regime for the sector while supporting the government’s objectives of Atmanirbhar Bharat and the broader vision of Vik...

August 12, 2026 9:56 PM

Lok Sabha passes bill to amend mines and minerals development law without debate

The Lok Sabha on Wednesday passed a bill to amend the Mines and Minerals (Development and Regulation) Act without a debate. The Mines and Minerals (Development and Regulation) Amendment Bill, 2026, seeks to amend the regulations for mines and minerals, whereby states will be restricted from levying additional tax on mineral rights. The Centre, through the Bill, also seeks to take under its control the regulation of mineral-bearing lands having mineral contents in accordance with the parameters...

August 13, 2025 11:57 AM

Domestic mineral industry set to benefit from India-UK trade pact

 The India–UK free trade agreement, signed last month, is expected to deliver substantial benefits to India’s mineral industry, particularly the aluminium sector, the Ministry of Mines said on Tuesday. Addressing a webinar organised to connect stakeholders from the Indian mineral sector, Secretary (Mines) V.L. Kantha Rao outlined the opportunities offered by the Comprehensive Economic and Trade Agreement (CETA), including enhanced market access and greater competitiveness in the UK market....

June 4, 2025 5:16 PM

Minerals and non-ferrous metal production records growth in FY 2025-26

India’s mining and quarrying sector continued its upward trajectory in FY 2025-26, with notable gains in mineral and non-ferrous metal production. The index of mineral production for March 2025 stood at 156.8, marking a 0.4% increase over March 2024. Key minerals such as iron ore, manganese ore, and zinc concentrate registered significant year-on-year growth. Iron ore production rose by 5.7% to 25.9 million metric tonnes (MMT) in March 2025. Manganese ore output increased by 9.7% to 0.39 MMT,...

November 28, 2024 10:58 PM

India sees strong growth in key mineral production in FY 2024-25

The production of several key minerals in India has continued to show robust growth in the first half of FY 2024-25 (April-October), following record production levels in FY 2023-24. Iron ore, which constitutes 69% of the total mineral production by value under the Mineral Conservation and Development Rules (MCDR), has seen significant growth. Production reached 274 million metric tonnes (MMT) in FY 2023-24, and provisional data for the current fiscal year shows a 4.1% increase, with production...