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 ...

The combined Index of Eight Core Industries (ICI) increased by 5.2 per cent (provisional) in March, 2024 as compared to the Index in March, 2023. The production of Cement, Coal, Electricity, Natural Gas, Steel and Crude Oil recorded positive growth in March 2024. The details of annual and monthly indices and growth rates are provided at Annex I and Annex II respectively. ...

With General Elections 2024 underway, ECI is on track for the highest ever seizures of inducements recorded in the 75-year history of Lok Sabha elections in the country. Enforcement Agencies have made a record seizure of over Rs. 4650 crores in ECI’s resolute fight against money power even before the first phase of polling for the 18th Lok Sabha elections commences on ...

India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per cent over March 2023. Overall imports in March 2024* is estimated to be USD 73.12 Billion, exhibiting a negative growth of (-) 6.11 per cent over March 2023.   Table 1: Trade during March 2024* ...

The Prime Minister, Shri Narendra Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India, in Mumbai, Maharashtra today. Shri Modi also released a commemorative coin to mark 90 years of RBI. The Reserve Bank of India (RBI) commenced its operations on the 1st of April in 1935 and enters its 90th ...

NTPC Group has crossed the mark of 400 Billion Units (BU) of total electricity generation in the current financial year, on 13th March, 2024. During FY 2022-23, the company had generated 399.3 BU. This milestone has been achieved with an average Plant Loading Factor (PLF) of 77.06% for NTPC’s coal stations, till 13th March, 2024 in the current financial year. Earlier during ...

The third tranche of E-auction of Critical & Strategic Minerals was launched by the Ministry of Mines today i.e., 14th March 2024. A total of 7 critical mineral blocks are being put up for auction as composite license in this 3rd Tranche. These 7 mineral blocks are auctioned under second attempt of auction as per sub-rule 10 and sub-rule 11(b) of rule ...