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...

May 5, 2025 1:50 PM

Mining sector registers record production in FY 2024–25

India’s mining sector recorded robust growth in the financial year 2024–25, building on the momentum of the previous year, with several key minerals achieving all-time high production levels, according to provisional data released by the Ministry of Mines on Monday. Iron ore, which constitutes nearly 70 per cent of the total mineral production under the Mineral Conservation and Development Rules (MCDR) by value, reached an all-time high of 289 million metric tonnes (MMT) in FY 2024-25. This...