Rule rejig to make auctions easier, quicker: Mines secretary Arun Kumar

Mineral blocks likely to go under the hammer will be from the mineral-rich states like Odisha, Jharkhand, Chhattisgarh and Karnataka

Upbeat about the proposed changes in auction rules that are likely to take shape soon, the mines ministry said this will make the process easier and quicker and close to 60 mineral blocks will be up for grabs next year.

“Next year, we will do (auction) for 50-60 (mineral blocks). Because of the new rules, which will be in place (by this month), it will be easier, bidding will be faster. We expect a fillip on that. That is why we are thinking of changing the rules,” Mines Secretary Arun Kumar told PTI.

Stating that states would earn a revenue to the