Tag: Mineral Block Auction
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India Govt. Modifies Rules for Non-Coal Mines Auction to Increase Participation
The government has brought in sweeping changes in the auction rules for non-coal mines by relaxing the end-use policy, reducing the stipulation for three bidders’ criteria and lowering the net worth of the prospective bidders in order to rekindle investors’ interest in the auction process. Bringing in the changes became imperative as 66 attempts were…