‘Mineral output to rise with changes to rules’
The Hindu
More blocks will be on sale: Ministry
The government on Thursday said that amendment in mineral auction rules will encourage competition that will ensure more participation in the sale of blocks.
The Ministry of Mines has notified the Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021 and the Mineral (Auction) Fourth Amendment Rules, 2021 to amend the Minerals (Evidence of Mineral Contents) Rules, 2015 (MEMC Rules) and the Mineral (Auction) Rules, 2015 (Auction Rules), respectively, the Mines Ministry said.
“These amendments would encourage more participation in auction and promote competition,” the Ministry said.
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