Government has implemented Nutrient Based Subsidy Policy w.e.f. 1.4.2010 for Phosphatic and Potassic (P&K) Fertilizers. Under NBS policy, P&K fertilizers are covered under Open General License (OGL) and companies are free to import these fertilizers as per their business dynamics. In order to ensure smooth availability of DAP at affordable prices to farmers, Government has provided special packages on DAP ...

CO2 mitigation is one of critical challenge being faced by fossil fired power plant.  Therefore, capturing CO2 from the flue gas and converting it to valuable fuel & chemicals is in focus, globally. NETRA, the R&D wing of NTPC, has developed Indigenous Catalyst for Hydrogenation of CO2 to Methanol in collaboration with Indian Institute of Petroleum (IIP), Dehradun. A catalyst ...

Ministry of Coal is organizing the Star Rating Awards Ceremony, Stakeholder Consultation on Mining Developers cum Operators (MDOs), and the Release of the Coal Directory of India on October 21, 2024 at Scope Convention Centre, Scope Complex, Lodhi road, New Delhi. These events aim to recognize the exceptional performance of coal and lignite mines, foster engagement with key stakeholders, and ...

The Ministry of Coal has received an overwhelming response for the coal mines offered under the 10th round of commercial coal mine auctions, with a total of 44 bids submitted in physical form. The substantial number of bids underscores the continued interest and participation from stakeholders in India’s evolving coal sector. The 10th round of auctions, launched by the Ministry ...

The Department of Economic Affairs, Ministry of Finance, has amended the Securities Contracts Regulation Rules (SCRR), 1956 to ease the listing requirements for Indian companies seeking to list on international exchanges within International Financial Service Centres (IFSCs) at par with global standards. ‘Direct Listing of Equity Shares of Companies Incorporated in India on International Exchanges Scheme’ under the Foreign Exchange ...

Year-wise quantity and value of import of top ten major minerals (which account for over 97% of import value of major minerals) from FY 2018-19 to FY 2023-24 are given at Annexure. State-wise trade data is not maintained. Export/ Import data is available product/ country/ period wise. Exploration activities for various mineral commodities, which includes pitting, trenching and drilling, are ...

The Central Government has amended the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957 through the MMDR Amendment Act, 2023, whereby Central Government has been empowered to auction 24 critical and strategic minerals in part D to the Schedule-I of the MMDR Act, 1957. So far, 14 critical mineral blocks have been successfully auctioned having minerals viz., Lithium, REE, ...

The Central Government has taken up several initiatives for promoting exploration and mining of Critical Minerals in the country. The Mines and Minerals (Development and Regulation) Act, 1957, has been amended in 2023 to empower Central Government to auction blocks in respect of 24 critical and strategic minerals. So far 14 blocks have been successfully auctioned. In order to promote ...

The Tea Development & Promotion Scheme for the period 2023-24 to 2025-26 inter alia includes a range of incentives for small tea growers by mobilising them into self help groups (SHGs) and farmer producer organisations (FPOs). The assistance is aimed to increase their productivity and quality, greater value addition and thereby greater price realisation. The assistance/support is provided for common ...

The index of mineral production for the month of March 2024 was 156.1, which is 1.2% higher as compared to the level in the month of March 2023. The index for the entire FY 2023-24 has increased by 7.5% over FY 2022-23. Some of the non-fuel minerals showing positive growth during the month of March 2024 as compared to the ...