Hindustan Times | Jaipur | April 07, 2020
In the wake of Covid-19 outbreak, the Union ministry of home affairs (MHA) had issued guidelines to exempt industrial establishments that require continuous process during the lockdown.
In the wake of Covid-19 outbreak, the Union ministry of home affairs (MHA) had issued guidelines to exempt industrial establishments that require continuous process during the lockdown. “Now, the MHA has issued an addendum to the guidelines, allowing ‘coal and mineral production, transportation, supply of explosives and activities incidental to mining operations’,” stated a letter by the ministry of mines. Read more
Brookings | Srestha Banerjee | April 6, 2020
In wake the of the growing COVID-19 crisis and the strain on healthcare resources, India’s finance minister Nirmala Sitharaman on March 26 announced that District Mineral Foundation (DMF) funds can be used by state governments to augment healthcare. This includes supplementing healthcare facilities, screening and testing requirements, and any other support that might be required. Read more
Business Line | March 26, 2020
PMUY beneficiaries to be given 3 free LPG cylinders over three months
The Centre is looking at measures such as dipping into the District Mineral Fund (DMF) and offering free cooking gas cylinders to support families in the midst of the Covid-19 lockdown.
As of January, the total amount accrued under the DMF by the 21 mineral-rich States stood at ₹35,925.39 crore. The allocated amount stood at ₹30,651.59 crore, while the amount spent was at ₹12,414.38 crore. If the allocation for existing projects is left undisturbed, the 21 States will be left with about ₹5,000 crore for the relief measures. Read more
The Economic Times | March 12, 2020
The Mineral laws (Amendment) Bill was passed in Rajya Sabha with 83 MPs voting in its favour and 12 against.
Parliament on Thursday passed a bill that will remove end-use restrictions for participating in coal mine auctions and open up the coal sector fully for commercial mining by domestic and global companies.
The Mineral laws (Amendment) Bill was passed in Rajya Sabha with 83 MPs voting in its favour and 12 against. Read more
Financial Express | March 13, 2020
The apex court had then cancelled 204 out of 218 captive coal block licences, saying that these had been allocated in an illegal and arbitrary manner.
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million tonne (MT) from the corresponding period in FY19. However, about 53% of the output came from coal blocks which were not cancelled by the Supreme Court in its September 2014 order. Read more