Aiming to speed up coal mining leases and boost ease of doing business, the Centre is in the process of amending the Mines and Minerals (Development and Regulation) Act to do away with the “prior approval clause”.
The Centre is of the view that the aforesaid clause results in duplicity and complexity of efforts due to which even after a lease has been granted, it takes time for the lessee to commence actual mining operations. The move comes in wake of the Centre adding another four coal mines to the existing 42 that will be put up for auctions and allocation