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Narendra Modi: This decision encompasses minerals such as Beryllium, Cadmium, Cobalt, Gallium, and several others that are pivotal for the nation's strategic sectors including defense, electronics, and renewable energy.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the amendment of Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 ('MMDR Act') for specifying rate of royalty in respect of 12 critical and strate
A nine-judge constitution bench headed by Chief Justice DY Chandrachud, which is considering whether the royalty collected by the Centre on mining leases can be considered as tax, as held by a seven-judge bench in 1989, said Parliament can only impose some limitations to ensure that mineral development is not impeded.
India News: The Constitution vests the power to impose a tax on mineral rights not in Parliament but states, the Supreme Court told the Centre on Thursday, underl
Get latest articles and stories on India at LatestLY. First Tranche of auction of 20 critical and strategic mineral blocks was launched by the Union minister of Parliamentary Affairs, Coal and Mines, Pralhad Joshi on November 29, 2023. India News | Ministry of Mines Receives More Than 50 Bids for First Tranche of E-auction of Critical and Strategic Minerals.