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Centre promulgates mines and minerals ordinance

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ANI New Delhi
Last Updated : Jan 13 2015 | 5:30 PM IST

The government has promulgated the Mines and Minerals (Development and Research) Amendment Ordinance, 2015 under Article 123(1) of the Constitution. This amends certain provisions of the MMDR Act, 1957.

The promulgation of ordinance became necessary to address the emergent problems in the mining industry.

In the last few years, several new mining leases granted in the country have fallen substantially.

In addition, second and subsequent renewals have also been affected by court judgements.

As a result, the output in the mining sector has come down drastically, leading to import of minerals by users of those minerals.

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First Published: Jan 13 2015 | 5:16 PM IST

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