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Mines and Minerals (Development and Regulation) Amendment Bill, 2026

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About — Mines and Minerals (Development and Regulation) Amendment Bill, 2026

The Mines and Minerals (Development and Regulation) Amendment Bill, 2026, is a proposal to overhaul India’s mining code, replacing the 2015 Act. It seeks to streamline licensing, boost private investment, and create a unified national mineral pricing mechanism. For example, the bill permits auction‑based allocation of coal blocks, potentially raising ₹30 billion annually.

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    Mines and Minerals (Development and Regulation) Amendment Bill, 2026 — UPSC Concept | TheKnowledgeOrbits