Development and regulation act, 1957 mmdr act, 1957 or rules framed thereunder, but not exceeding 30 years, in consonance with the provisions of the section 8 of the mmdr act, 1957 prior to its amendment by promulgation of the mines and mineral development and regulation amendment ordinance, 2015. An act further to amend the mines and minerals development and regulation act, 1957. In 2015, punjab arms amendment ordinance 2015 iii of 2015 was passed which made some drastic changes in this legislation. The mining industry has historically been one of the more heavily regulated industries in india, with a strong legal and regulatory structure governing the same. The mines and mineral development and regulation amendment act, 2015 was passed by the parliament during the just concluded budget session. The bill replaces the mines and minerals development and regulation amendment ordinance, 2015 promulgated on january 12, 2015. The mmdr act, 1957 and the mines act, 1952 are the general laws that are significant to governing the mining sector. Indian iron ore and pellets 1how are the new capacities affecting the market. I this ordinance may be called the short title and commencement. This paper discusses the key changes that have been brought into effect by the ordinance and. The central government announced the promulgation of the ordinance for amendment in the mines and minerals development and regulation mmdr act, 1957 and the coal mines special provisions act, 2015. As mandated by the mmdr act, 1957, the union government has framed rules for regulating the grant of all minerals other than atomic and minor minerals. Pradhan mantri khanij kshetra kalyan yojana gktoday. The ordinance will amend the mining laws to auction.
The mmdr amendment act 2015, based on the ordinance of similar name and date, has been referred to a select committee by the rajya sabha, after being passed in. Termination of prospecting licences or mining leases1 where the central government, after consultation with the state government, is of opinion that it is expedient in the interest of regulation of mines and mineral development, preservation of natural environment, control of floods. Its name was amended with the punjab arms amendment act 2014. The ordinance will empower end use private companies from the power, steel and the cement sectors to bid coal blocks. Be it enacted by parliament in the sixtysixth year of the republic of india as follows.
The state governments have framed the rules for minor minerals. The mines and minerals act, 2015 national assembly. Pradhan mantri khanij kshetra kalyan yojana pmkkky. The ordinance amends the mines and minerals development and regulation act, 1957. The ordinance for amendment in the mmdr act 1957 and the cmsp act 2015 has been promulgated. The meeting on mines and minerals development and regulationmmdr amendment ordinance, 2015 held on 19th january, 2015 in vijyan bhawan, new delhi. The ministry of mines, goi, administers the mmdr act, 1957, in india. To the rajya sabha select committee on coal and mmdr. Under this scheme, the mining companies will need to contribute 10% to 30% of royalty for the welfare of people directly or indirectly affected by mining. Regulationmmdr amendment ordinance, 2015 held on 19th january, 2015 in vijyan bhawan, new delhi. Mmdr amendment ordinance 2015 blogs, comments and archive news on. The process of auction for allotment would usher in greater transparency and boost revenues for the states. Mmdr amendment ordinance 2015 latest breaking news, pictures, videos, and special reports from the economic times. May 05, 2015 the act specifies the requirement for obtaining and granting mining leases for minerals and streamlines a number of provisions related to this.
The process of auction for allotment would usher in. Passing an ordinance increasing the fdi cap in insurance to 49% from 26% legislated passing the mines and minerals development and regulation mmdr amendment ordinance, 2015 is a significant step in revival of the hitherto stagnant mining sector in the country. Economist indias quest for outperformance cyclical outlook. However, section 9b and section 2 clause qqa were further amended and they now read as follows. Ordinance promulgated for amendment of mmdr act and cmsp. Mines and mineral development and regulation mmdr amendment. This act may be cited as the mines and minerals development act, 2015, and shall come into operation on 1st july, 2015. The mines and minerals development and regulation amendment bill, 2015 was introduced in lok sabha on february 24, 2015. The department has taken all care and effort to ensure to update this edition of the constitution of india by including all the constitutional amendments till date. This will open the coal sector for anyone to invest. The bill had been passed by the lok sabha on march 20th which replaced the ordinance and the new mmdr amendment act, 2015 would be considered effective from january 2015.
The amendment was proposed to bring transparency to the allocation of mining licence process by auctions. Mines and minerals development and regulation amendment. Development and regulation amendment act, 2015, all mining leases. The mines and minerals development and regulation amendment ordinance,2015. The bill was passed in rajya sabha after the union government had accepted the. This act may be called the mines and minerals development and regulation amendment act, 2015. Govt promulgated ordinance for amendment in laws to ease coal. The mines and minerals development and regulation amendment bill, 2015 a bill further to amend the mines and minerals development and regulation act, 1957. The act specifies the requirement for obtaining and granting mining leases for minerals and streamlines a number of provisions related to this. The mines and minerals regulation and development amendment act, 1958 15 of 1958 2. With a view to leverage this market and to ensure continuity in mining operations, the mineral laws amendment ordinance, 2020 the ordinance was promulgated on january 10, 2020.
On january 10, 2020, the mineral laws amendment ordinance, 2020 ordinance has been promulgated for amendment in the cmsp act, 2015 and mmdr act, 1957. Mmdr amendment ordinance, 2015 is a significant step in revival of the hitherto stagnant mining sector in the country. Ordinance promulgated for amendment of mmdr act and cmsp act. Amendment ordinance, 2015 was promulgated on january 12, 2015. Green growth and coal in india the energy and resources. The mines and minerals development and regulation act, 1957 regulates the mining sector in india and specifies the requirement for obtaining and granting mining leases for mining operations. Be it enacted by parliament in the seventyfirst year of the republic of.
The union cabinet had recently approved the amendments which intend to open up new areas of. This edition of the constitution of india is made available for reference and information of the general public. The mines and minerals regulation and development act 1957 is an act of the parliament of india enacted to regulate the mining sector in india. By removing the restriction on prior experience in coal mining, the ordinance enables wider participation in auction of coal mines. Union cabinet approved promulgation of ordinance for. Govt promulgated ordinance for amendment in laws to ease. The bill was first passed in rajya sabha and later in lok sabha on 20 march 2015.
An act to provide for the 1development and regulation of mines and minerals under the. In the income tax ordinance, 2001 xlix of 2001, in section 153, 1. Amendment in part b of the 1st schedule to the mmdr act, 1957. Regulation amendment act, 2015 10 of 2015, all mining leases shall be granted for the period of fifty years. The act was amended by the mines and minerals development and regulation amendment act, 2015 replacing the ordinance promulgated on 12 january 2015. Ias current affairs news daily current affairs for upsc.
Going forward, this momentum is likely to persist because of three striking. Block 1st, 7th floor, udhyog bhavan, sector 11, gandhinagar. Although this federal ordinance was already placed in the punjab statutes, however, after 18 th amendment in the constitution, it was formally adapted, with amendments, by the punjab arms amendment act 2014 xxviii of 2014. Union cabinet on 5 january 2015 approved promulgation of ordinance to amend the mines and minerals development and regulation mmdr act, 1957. With the introduction of ordinance 2015, mineral concession would be granted through auction route which would. Mines and minerals development and regulation act, 1957 no. The union cabinet had earlier approved the amendments intending to open up. It was passed in the lok sabha on 3 march 2015 and in the rajya sabha on 20 march 2015. The government announced promulgation of the ordinance for amendment in the mines and minerals development and regulation mmdr act, 1957 and the coal mines special provisions act, 2015 in order to ease auction of coal mines, allow fdi and enhance ease of doing business. With the ordinance getting the presidential approval, it was promulgated on january 12, 2015.
Mines and minerals development and regulation act 1957. Sep 22, 2015 statutory development mines and minerals development and regulation amendment ordinance, 2015 ordinance was promulgated on january 12, 2015. This amendment mandated establishment of district mineral foundations dmfs in all mining districts of the country. Amendment ordinance, 2015 the mines and minerals development and regulation amendment ordinance, 2015 was promulgated on january 12, 2015. On 11 january 2019, the union cabinet approved the promulgation of mineral laws amendment ordinance 2020. The punjab arms ordinance 1965 with latest amendment of 2015 the punjab arms ordinance 1965 was previously known as the pakistan arms ordinance. Act, 1957 and to amend the coal mines special provisions act, 2015. The union cabinet had recently approved the amendments which intend to open up new. The punjab arms ordinance 1965 with latest amendment of 2015. The ordinance brings in certain amendments to the provisions of the mines and minerals development and regulation act, 1957 the mmdr act and the coal mines special provisions act, 2015 the cmsp act. The bill amends the mines and minerals development and regulation act, 1957. The mmdr amendment bill based on the ordinance was introduced in lok sabha on february 24, 2015 which has been passed by lok. Feb 24, 2015 the bill replaces the mines and minerals development and regulation amendment ordinance, 2015 promulgated on january 12, 2015. Regulatory and legal framework governing mines and.
Jan, 2020 the government announced promulgation of the ordinance for amendment in the mines and minerals development and regulation mmdr act, 1957 and the coal mines special provisions act, 2015 in order to ease auction of coal mines, allow fdi and enhance ease of doing business. Major cut down in share of money that leaseholders will pay to the dmf not exceeding onethird of the royalty paid for respective minerals. Apr 27, 2020 mmdr amendment ordinance 2015 latest breaking news, pictures, videos, and special reports from the economic times. Economist indias quest for outperformance cyclical. Ias current affairs news daily current affairs for upsc by. The goi has promulgated ordinance to amend mmdr act mines and minerals development and regulation act, 1957 and coal mines special provisions act cmsp, 2015. Pradhan mantri khanij kshetra kalyan yojana pmkkky launched by government of india in september 2015 for the welfare of tribals and other affected persons in mining areas. Amendment to mines and minerals development and regulation. Ordinance promulgated for amendment of mmdr act and. Mines and minerals development and regulation amendment ordinance,2015. The mines and minerals development and regulation amendment. The main highlight in the 2010 mmdr amendment was that it permitted foreign companies in the coal bidding process. Bill was introduced in lok sabha on february 24, 2015 and finally passed by passed by both the houses on 26. Jan 14, 2015 the punjab arms ordinance 1965 with latest amendment of 2015 the punjab arms ordinance 1965 was previously known as the pakistan arms ordinance.
Archived from the original pdf on 18 february 2015. Gazette of marin national park and marin sanctuary. Constitution of indialegislative department ministry of. Statutory development mines and minerals development and regulation amendment ordinance, 2015 ordinance was promulgated on january 12, 2015. On 27th march, 2015 the ordinance was replaced by the mines and minerals development and regulation amendment act, 2015 with effect from 12th january, 2015. Centre promulgated ordinance to amend coal mining laws. An ordinance further to amend the mines and minerals. Mineral in any country plays an important role in upgrading the economy for any sovereign estate and especially for a developing country like india.
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