Centre asks states to pick 5 new mineral blocks with clearances for auction

The Centre has asked each state having mineral resources to identify at least five new mining projects for auction with pre-embedded clearance on a pilot basis with a view to expediting the sale process as well as operationalisation of the blocks.

The Mines Ministry has released guidelines for the auction of mineral blocks with pre-embedded clearances as it explores ways to address the key issue of delay in mining production due to lack of various approvals such as forest and environment permissions.

The identified blocks would be auctioned along with other blocks without pre-embedded clearances.

ALSO READ: