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Ministry of Coal to Host Star Rating Awards Ceremony, Stakeholder Consultation on MDOs, and Release of Coal Directory on October 21, 2024

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 ...

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44 Bids Received under 10th Round of Commercial Coal Mine Auctions

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 ...

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Department of Economic Affairs amends Securities Contracts Regulation Rules (SCRR), 1956, facilitating direct listing of securities by public Indian companies on International Exchanges of GIFT IFSC

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 ...

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Import of Minerals

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 ...

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Auction for Critical Mineral Blocks

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, ...

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STRATEGIC MINING PROGRAMME FOR EXPLORATION OF CRITICAL MINERALS

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 ...

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Government provides incentives to small tea growers

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 ...

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Mining Sector Registers Record Production in FY 2023-24

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 ...

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Combined Index of Eight Core Industries (ICI) increases by 5.2 per cent (provisional) in March, 2024 as compared to March, 2023

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. ...

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ECI cracks down on money power: Rs.100 crore seizure each day since 1st March . Rs. 4650 crores seized even before polling begins: Higher than total seizures in 2019 polls

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 ...

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