By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Search
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: New mining bill significantly boosts state rights, employment and economic growth: Member Standing Committee – World News Network
Share
Sign In
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > New mining bill significantly boosts state rights, employment and economic growth: Member Standing Committee – World News Network
Business

New mining bill significantly boosts state rights, employment and economic growth: Member Standing Committee – World News Network

worldnewsnetwork
Last updated: August 14, 2025 12:00 am
worldnewsnetwork
Share
SHARE

New Delhi [India], August 14 (ANI): BJP MP and Member of the Standing Committee on Coal Mines & Steel, Roopkumari Choudhary, on Thursday said that the Mines and Minerals (Development and Regulation) Amendment Bill, 2025 will bill boosts employment, improves states’ rights, and add to the economy by allowing more efficient use of India’s mineral resources.

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Speaking with ANI, Choudhary emphasised that the bill, passed by Loksabha on Tuesday, aims to strengthen India’s economic position by granting states greater authority over mining and mineral resources.

Choudhary said that under the bill the States are also granted the right to sell mining waste, benefiting local revenue and environmental management. Additionally, states will have a role in the proposed mineral exchange, allowing them to monitor production, reserves, and sales, she said.

“This bill significantly enhances states’ rights, promotes employment, and strengthens the economic condition by enabling better utilisation of mineral resources,” Member of Standing Committee on Coal Mines & Steel, Choudhary said.

The bill seeks to provide a simpler regime for promoting conservation of minerals, zero waste mining and support the objectives of the National Critical Mineral Mission, given the significance of critical and strategic minerals in the development of the country.

“This bill is expected to be a historic shift for India’s mining sector, particularly by accelerating the exploration and production of strategic and rare minerals like lithium, graphite, nickel, and cobalt, which are crucial for electronic vehicles, battery manufacturing, and high-tech industries,” she added.

“The National Mineral Exploration Trust (MMET) funding has been increased from 2 per cent to 3 per cent, enhancing both exploration and infrastructure in the mineral sector, thereby opening up investment opportunities. The bill also allows for the addition of other minerals to mineral leases and removes old restrictions on the sale of captive mines, directly benefiting industries… States now have the authority to increase mining lease areas by up to 30 per cent and sell up to 100 per cent of captive mine production, subject to additional royalty collection,” she further added.

The new legislation now allows private players and foreign direct investment (FDI) to participate in the exploration and development of critical minerals.

The new Bill also includes provisions for offshore mineral exploration and allows for the critical mineral projects in foreign territories.

During the debate on the bill, in Loksabha, Union Minister for Coal and Mines G Kishan Reddy stated that every sector is dependent on critical minerals and the significance of critical and strategic minerals in the development of the country is continuously increasing. The recent global geopolitical developments has constricted the supply chains of these minerals, provisions of the new bill will facilitate domestic explorations of critical minerals.

The Centre launched the National Critical Mineral Mission (NCMM) in 2025 to establish a robust framework for self-reliance in the critical mineral sector.

Under this mission, the Geological Survey of India (GSI) has been tasked with conducting 1,200 exploration projects between 2024-25 to 2030-31. (ANI)

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Q1 FY26 – Delivers 63% YoY PAT Growth; Strengthens Balance Sheet with ₹900 Cr QIP – World News Network

ICICI Bank rolls back decision on minimum account balance, slashes it to Rs 15k from Rs 50k – World News Network

India’s growth trajectory remains unaffected from ‘War or No War’ outcome of Putin-Trump meeting: CareEdge CEO – World News Network

Studio LSD Limited to Raise INR 74.25 Cr via IPO Opening August 18, 2025 – World News Network

Khazanchi Jewellers Onboards Malabar Gold & Diamonds, Strengthens B2B Volume Growth – World News Network

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article “Communal politics is causing a lot of harm to country”: Samajwadi Party chief Akhilesh Yadav on recent Fatehpur incident – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

248.1kLike
69.1kFollow
134kPin
54.3kFollow
banner banner
Create an Amazing Newspaper
Discover thousands of options, easy to customize layouts, one-click to import demo and much more.
Learn More

Latest News

Ellenox, India’s Largest Venture Studio, Announces Aggressive AI Expansion to U.S. and Gulf – World News Network
Business
Renny Vengala Shines in Action-Packed Debut ‘Mayuki: Dallas Gharshana Lo’ Now Streaming on Amazon Prime USA & UK – World News Network
Business
OPPO K13 Turbo Pro 5G: India’s Only Smartphone with a Cooling Fan Goes Live on Sale from Tomorrow – World News Network
Business
Aadhaar Card: Unlocking Your Digital Identity – World News Network
Business

You Might also Like

Nykaa Unveils the Winners of the Second Edition of India’s Biggest Beauty Awards – Best in Beauty 2025 – World News Network

worldnewsnetwork worldnewsnetwork 9 Min Read

Praveg’s Q1 FY26 Consolidated Total Income Up 61.50% – World News Network

worldnewsnetwork worldnewsnetwork 3 Min Read

Davangere Sugar Company Limited Announces Rights Issue Opening on August 14, 2025 – World News Network

worldnewsnetwork worldnewsnetwork 3 Min Read
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2024 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?