Tag: MMDR Act
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Amendment to MMDR Act: Coal sales from captive mines to attract additional premium
Indian government recently introduced the Mines and Minerals (Development and Regulation) Amendment Bill, 2021 in order to bring structural changes in the coal mining sector by eliminating the distinction between captive and non-captive miners. The amendment proposes to allow captive coal miners to sell up to 50% of their production after meeting the requirements of…